Altertude – FlightPath

A loose contemporary definition of record keeping and administration would include some reference to ‘electronic’ at the very least. Computers have been replacing filing cabinets and manila folder tickler systems which were popular from the 1950’s through to the 80’s and beyond for decades now.  The advent of the World Wide Web for public use in 1991 has progressively seen hardcopy forms of data storage becoming increasingly redundant.

GTC has always prided itself on being at the forefront of technological change and was an early adopter of digital innovation as it became available (sharing a start date concurrent with the World Wide Web).

Over recent years GTC has drawn attention to many of our bespoke digital business processes in various Trendline articles, many under the overall auspices of the overarching digital platform of Altertude.

FlightPath is indeed one of these constructs.  Statistical fund information, investment portfolio prices and contribution flow, numerous administration overviews, service level agreement adherence, as well as annual fund financial reporting details are available in real-time, in an easy-to-read graphic interpretation.  This enhanced client experience, specifically targeted at trustees, management boards, and human resource teams, is an integral build component of GTC’s retirement fund management.

The modern retirement fund trustee,  eschewing the bulky, forest-threatening board packs (the bigger they were, the more important they were perceived to be) of yesteryear, now has on-demand access to a host of statistical fund information including current and unclaimed benefits, investment cashflows, rolling contributions, contribution cycles, member movements, bank recons, budgets, client demographics, housing loan notes, member liabilities, assets, special rules, death claims, Section 14 transfers in and out; retirements and withdrawals; and late contributions.

These are (literally) just some of the examples of the visual representations that FlightPath provides.

Just as most of us wonder how we previously managed to survive a business – or social – day without our smart phone, retirement fund managers such as trustees, HR, or payroll personnel already find FlightPath an indispensable business tool.

Contact our MAPS team for more information.