UK - Drinks and confectionery giant, Nestlé has selected Compendia software from Xafinity Claybrook for the administration of its UK and Irish pension schemes.
David Strong, pensions system manager at Nestlé said that Compendia represents excellent value for money.
"Compendia stood out as a proven system using current technology which we saw as key to reducing the risk for Nestlé," he said.
Xafinity Claybrook services pension schemes with over 10 million members in total.
"Nestlé is a valued customer and we are delighted that they have chosen the benefits offered by Compendia to extend services to members and trustees alike," said Michael Payten, client services director at Xafinity Claybrook.