Colorado FPPA Launches New Pension Administration Solution

The Fire and Police Pension Association of Colorado partners with Sagitec Solutions to implement Sagitec's Neospin™ Framework.

Denver, CO (PRWEB) May 17, 2008 -- Sagitec Solutions LLC, a global technology services company, announced that it has completed the first implementation phase of their Neospin™ pension administration framework at the Fire and Police Pension Association (FPPA) of Colorado. FPPA administers 236 pension plans for 8,000 retirees over 17,500 active members.

In less than eighteen months, FPPA and Sagitec replaced the existing retiree payroll, employer reporting, member account, and general ledger functions.    All of FPPA's existing data was migrated to the new solution's database. New development, testing and production environments were installed to sunset FPPA's existing HP 3000 platform. A web portal was rolled out for over 275 police and paid fire departments in Colorado for reporting contributions and communicating with FPPA.

This has been a great partnership and our shared commitment to the success of the project has led to the replacement of their existing application in an extraordinarily short development cycle. We expect this success to continue as we complete the project and transition operational responsibility for the system to FPPA in early 2009.

The new system utilizes Sagitec's Neospin™ framework. This browser-based solution is built on a Microsoft.NET platform. It provides a highly secure environment and integration with office automation and report writing tools and the existing general ledger application.    

"We are excited to be using our new system and our productivity with the application grows daily. This has truly been a joint effort involving Sagitec, Provaliant (FPPA's project oversight consultant) and FPPA staff. We look forward to achieving our ultimate goal of creating a high quality system that will best allow FPPA to meet the future needs of our members and employers," said Kim Collins, FPPA Chief Operations Officer.

"We are excited about our progress to date with FPPA and the impact our software is having on their business," said Rick Deshler, Sagitec Senior Partner. "This has been a great partnership and our shared commitment to the success of the project has led to the replacement of their existing application in an extraordinarily short development cycle. We expect this success to continue as we complete the project and transition operational responsibility for the system to FPPA in early 2009."

About Sagitec
Founded in 2004, Sagitec is a global technology solutions company that partners with public sector agencies to solve business problems created by complex and frequently changing business rules. Neospin™, Sagitec's flagship solution framework, helps state and local agencies implement business solutions that are agile, evolutionary, and interoperable. For more information, visit www.sagitec.com.

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