Target delivers comprehensive third-party back office
administrative services for the investment plan lifecycle.
Our administration servicing offer you the responsiveness and
flexibility you need to exploit changing market conditions and
achieve your overall investment strategy.
Engaging Target as your administration partner will allow you to
meet fluctuating resource requirements and manage periods of
intensive activity.
In addition to primary servicing we offer comprehensive standby
servicing arrangements that ensure business continuity through
contingent backup support you can depend on. Target does not take
on Plan Manager status and does not offer competing products in
this market.
Key Solution Features
Grow your business without constraints
Target is uniquely positioned to ensure your business can
develop free of resource and technology constraints. Our state of
the art investment servicing operation is powered by Target's own
leading financial software system, developed to manage your
specific structured investment and savings products.
Having full control over our software platform means we can
deliver a flexible and responsive service tailored to your
needs.
We continue to make significant investment in our infrastructure
to ensure we are running your operations as efficiently as
possible, providing you with the responsiveness and flexibility to
rapidly innovate, develop and launch products.
Our track record demonstrates our success in providing major
financial services clients with flexible and innovative investment
administration services.
Freedom to focus on what's important
While you focus on product design, distribution and developing
business, you can rest assured that Target is efficiently running
the administration of your investment products and delivering
great service.
We will keep you up to date with all the relevant information
you need to closely monitor the performance of existing
products, and easily configure and launch new products for speed to
market.
By outsourcing the day to day adminstration of your structured
investment or deposit products to us, you can be free to
concentrate on your core strategic goals.
Experience is the difference
Target's investment servicing teams are experienced in
administering a range of innovative investment products.
We operate with integrity and professionalism so that you can be
confident your risk and reputation are being managed to the highest
standards.
All our operational teams are provided with specific learning
and development programmes, including industry accredited
qualifications, that ensure our staff are skilled to optimum levels
to efficiently service client products and customer accounts.
We are committed to continuous process improvement which sets us
apart as a centre of excellence for plan administration.
Putting you in control
Outsourcing does not mean loss of control. We pride ourselves on
delivering regular, timely and reliable information to our
clients.
Our team of qualified accounting professionals is able to
provide in depth analysis and insightful management information,
equipping you to make confident decisions. As part of the
management of client money accounts, we will perform regular
reconciliations of monies and assets to ensure your data is
accurate.
Your service definition will clearly set out service levels and
regular client account meetings will keep you fully informed.
Target's experienced Client Services Managers will work closely
with you to champion and deliver your objectives. Our objective is
to provide you with greater transparency, improved governance and
complete control of your portfolio.
Ensuring a compliant service
Target's dedicated Risk & Compliance team is focussed on
ensuring compliance with industry legislation and regulations
including FSA and HMRC.
Our experienced team closely monitors all new legislation and
regulatory guidelines to manage the impact on our servicing
operation and our clients. We ensure any risks to customer service
and client reputation are promptly addressed.
Clients benefit from regular operational risk management and
compliance reviews.
Target operates a risk management culture where all managers are
required to document risks and escalate to the appropriate level.
High level risks are addressed by Target's Risk Board and risks
with the potential to impact clients are discussed at regular
monthly service review meetings.