Sagitec Celebrates 10th Anniversary

IT firm marks ten years providing State and local government agencies with tailor-made business solutions on an evolutionary software platform.

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April 2014 marked the company’s 10th year of partnering with State and local pension organizations to satisfy complex and frequently changing business requirements, improve business operations, and deliver outstanding customer service.

Saint Paul, MN (PRWEB) May 22, 2014

Sagitec Solutions, LL—a leading provider of software solutions and implementation services--announced today that April 2014 marked the company’s 10th year of partnering with State and local pension organizations to satisfy complex and frequently changing business requirements, improve business operations, and deliver outstanding customer service.

In 2004, Sagitec’s founding partners—experts in software implementation with deep roots in the public pension industry—introduced Neospin™, a highly configurable pension administration solution built on and supported by a sophisticated platform of tools and services. Ten years later, the solution has been chosen by nineteen different retirement funds and serves over two million retirement plan members and retirees nationwide, accounting for more than $200 billion in financial assets. Sagitec software also supports multi-employer plans incorporating a variety of benefit options like Defined Benefit, Defined Contribution, Deferred Compensation, and Health Plans that serve teachers, public employees, safety officers and other participants in state and local governments as well as Taft Hartley funds.

According to co-founder Deepak Ahuja, Sagitec’s key value proposition is its software platform, which enables customers to “embrace change”: “Sagitec’s solutions adapt quickly in response to rule and policy changes, which can be frequent in the pension industry. They also evolve—both technically and functionally. Unlike most software vendors, Sagitec has never orphaned a client on an outdated solution. We give every customer, old and new, access to the latest innovations and features. We free them from the cost and effort involved in ‘ripping and replacing’ their IT investments every time a technological advance occurs.”

Rick Deshler, another Sagitec co-founder, added, “Sagitec’s steady growth and track record of successful implementations has proven the wisdom of our approach and the strength of our solution. We’re glad to be bringing true innovation to the pension industry.”

About Sagitec Solutions, LLC
Sagitec Solutions, LLC designs and delivers tailor-made benefit management systems for public and private organizations. With broad industry experience, Sagitec helps its customers achieve strategic business objectives, enhance service offerings, and lower operating costs. They are headquartered in the Twin Cities area of Minnesota. Further information can be found at http://www.sagitec.com or by contacting Rick Deshler at (651) 335-3406 or at rick.deshler(at)sagitec(dot)com.


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