Three Firms Band Together for Pension Product Development

April 15, 2010 ( – Accenture, CedarCrestone, and Oracle will be collaborating on the enhancement of Oracle’s Public Sector Pension Solution, the companies announced.

A news release said the product is targeted to United States federal, state, and local public sector marketplace around pension plan management. Accenture, CedarCrestone, and Oracle are working on software enhancements that are aimed at enabling government entities to more easily manage participant-centric pension plans.

Potential targeted improvement areas include end-to-end business processes, such as service purchasing as well as overall improvements in rule configuration and reporting.

The broader Oracle solution set includes Oracle Customer Relationship Management (CRM), Oracle Content Management, Oracle Governance, Risk and Compliance (GRC), and technology capabilities.