Press release

Visma Idella strengthens its position in the Dutch pension landscape with the acquisition of ActuIT

ActuIT simplifies communication about pensions or other financial products to allow for more informed decision making. With the acquisition, Visma Idella adds to its existing portfolio of pension solutions.

With the upcoming changes in the Dutch pension landscape, participants are increasingly given more responsibility and freedom of choice. ActuIT provides software that simplifies communication about pensions or other financial products to allow for more informed decision making. With the acquisition, Visma Idella adds to its existing portfolio of pension solutions.

Many pension funds and administrators offer their participants insight into their future pensions through tailor-made pension planners. As the market leader in online individual pension communication, ActuIT serves more than 8 million participants in the Netherlands.

"With this acquisition, Visma Idella strengthens its position in the pension landscape. We are the only solutions provider to offer the route to a safe harbour to withstand the revision of the pension system. Pension funds and administrators can optimally respond to the opportunities provided by the new contribution agreements to participants," said Pauline Frens, Managing Director at Visma Idella.

We feel confident that Visma can highly contribute to the value and power of our innovative software. To do more justice and contribute even more to the transition of the Dutch pension sector, we are joining forces with Visma Idella, who will surely give us, our colleagues and customers a warm welcome," stated Chris Vrolijk and Dirk Kuijpers, founders of ActuIT

Advanced pension and financial planning products

With the acquisition, Visma Idella significantly expands the scope of its portfolio for pension, investment and disbursement services. The online actuarial calculation tool for financial institutions allows for real-time scenario analysis. They will also implement newly developed financial planning tools for a variety of financials to provide customers of financial institutions with a complete overview of their financial health.

The business activities of ActuIT will be integrated within Visma Idella. The current management will transfer to Visma Idella. They will continue to work with all providers of pension administration software and will be actively involved in the further development of the Visma Idella VIPS product lines.


For more information, please contact:

Pauline Frens, Managing Director - Visma Idella, [email protected], tel: +31 06-30252464

About ActuIT

ActuIT offers innovative solutions that make communication about pensions or other financial products easier. ActuIT does this through their own tailor-made pension planners. To this end, the fields of IT, communication and actuarial science are combined.

About Visma Idella

Visma Idella, part of the Visma Group, offers innovative software and services for the financial sector in the Netherlands. The focus is on pensions, investing and paying out. Visma Idella does this for more than 500 customers, serving more than 4 million Dutch people. With innovative 'SaaS-preferred' solutions, Visma Idella relieves (pension fund) boards, executive organisations, insurers, banks and investment institutions in the field of IT and Operations. Her motto is: 'We enable people to secure their financial future'. Visit www.visma-idella.nl for more information.

Contact

Lage Bøhren

Lage Bøhren

Director of Communications

Visma

+47 921 57 801

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