Keeping ahead of the annuities market

administrator 6 makes aquila’s support to the financial services industry even more comprehensive, enabling the rapid launch of new products embracing all aspects of retirement income, including income drawdown and short-term annuities. With the release of administrator 6, software provider aquila has launched the only configurable annuity and payments package in the UK market that can deal with the post A-Day environment.

administrator 6 makes aquila’s support to the financial services industry even more comprehensive, enabling the rapid launch of new products embracing all aspects of retirement income, including income drawdown and short-term annuities. Greater flexibility in retirement options following A-Day has lead to intensifying competition within the market and a proven, flexible system can hold the key to success.

Companies using administrator benefit from aquilaheywood’s substantial and ever increasing R&D investment which has amounted to over £20m in the last five years alone.

A robust, industrial strength solution proven over many years, administrator offers financial services companies unprecedented levels of self sufficiency together with the capability of rapid deployment.

For almost ten years aquila has delivered quality products to the Financial Services market and includes in its clients many of the top UK insurers, international fund managers and major BPO players.

This latest release will strengthen aquila’s leading position in its markets, supporting Financial Services organisations keen to innovate and lead the market. David Ackroyd, Chief Executive at aquila added:“I am confident that administrator 6 will continue our excellent reputation for developing and delivering innovative, high quality software, which allows our clients to get to market quickly with compelling product and service propositions.”

For those clients who wish to out-source their pensions IT function, administrator can be offered via a fully hosted or ASP service. To ensure a low risk implementation, the Group provides experienced consultancy services for business management comprising project management, process engineering, data migration, management information and system integration.