Pensions Data Enrichment solution

Siloed data slows your progress

Pension providers and third-party administrators (TPAs) deal with large volumes of disparate, unstructured data stored, both physically and digitally, across different systems and locations. Accessing and manually checking data for accuracy can be time-consuming, monotonous, and error-prone. Accurate scheme data is a vital input to deliver legislation-backed member Pensions Dashboards by the end of October 2026. Any mistake in the collection, storage, or reconciliation of this data can result in calculation errors, leading to fines, non-compliance, reputational damage, and member frustration.

We have the experience:

A European social security government agency chose Iron Mountain to digitise over 10 million pension documents and utilise Iron Mountain InSight Intelligent Document Processing to extract key pension data. Using a human-in-the-loop approach, users review flagged data extracted by the machine-learning engine and then make corrections as needed.

Over 100 million specific data points are extracted, validated, and uploaded into their internal system.

A European government pensions department chose Iron Mountain to digitise, store, and share digital information across departments to facilitate better decision-making.

Using InSight as the platform that ingests and processes both structured and unstructured content, they streamlined processes supporting timely citizens’ pension benefits.

Source: Internal documentation from work with an Iron Mountain customer. Results may vary.