Philipp Sutter, CEO Berag, is thrilled: "The super machine P40 has started productive operation. The revolution has begun! This is a great moment and the conviction to have chosen exactly the right path with Netcetera is strong, because there is a great team behind P40."
Developed by a team of at times over 30 specialists, over a thousand years of programming experience and hundreds of years of pension industry expertise have gone into the new P40 system over the past months.
Martin Meier, Managing Director Financial Technology at Netcetera, is proud: "With the activation of the first pension fund on the system, we have successfully implemented the first milestone of our vision "Pension - completely digital". We are now driving the development of an entirely digital business process for pension funds with further functions."
Several more foundations will be migrated before the end of 2022. In addition, the system will be expanded to manage pillar 3a and vested benefit foundations.