TIAA Wins CIO 100 Award for Innovation in Information Technology
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TIAA was identified for its proprietary remittance modernization. TIAA’s remittance system supplies in depth file routing and processing products and services for TIAA’s marquee institutional purchasers, which includes many of the biggest universities and healthcare centers in the United States. The modernization task rebuilt the preceding manufacturing technique, deployed in 2014, from the floor up on a modern engineering stack.
The objective of the modernization effort was to minimize operational expenditures, boost features, scalability, and steadiness, as properly as functionality by a element of more than 100x. At the very same time, this exertion enabled seamless integration with our main solutions and solutions.
“This year’s CIO 100 class demonstrates grit, innovation and deep teamwork. Lots of initiatives are relevant to streamlining information flows and insights to travel the small business, bringing innovations like the metaverse to lifestyle, and driving price in the course of the pandemic in myriad ways,” claimed Anne McCrory, Group VP, Consumer Practical experience & Operations, Foundry, previously IDG Communications, Inc. “We are honored to showcase these achievements and the persons driving them as we collect in person when all over again for a team-based practical experience at the CIO 100 Symposium & Awards in California in August.”
Executives from the successful firms will be recognized at the CIO 100 Symposium & Awards.
About the CIO 100 Awards
The annual CIO 100 Awards rejoice 100 businesses and the teams in just them that are making use of IT in modern ways to supply company price, no matter whether by creating aggressive gain, optimizing enterprise procedures, enabling expansion or increasing relationships with consumers. The award is an acknowledged mark of organization excellence. Recipients are picked as a result of a 3-phase process. To start with, providers fill out an online application type detailing an impressive IT and enterprise initiative. Following, a staff of external judges (numerous of them former CIOs) critiques the programs in depth, searching for major-edge IT techniques and measurable effects. Last but not least, CIO editors overview the judges’ recommendations and select the last 100.
About TIAA
TIAA is a top provider of protected retirements and outcome-concentrated financial investment solutions to tens of millions of people today and countless numbers of establishments. It is the #1 not-for-financial gain retirement sector service provider1, paid more than $3.6 billion to retired clients in 2020 and has nearly $1.4 trillion in belongings below administration (as of 12/31/2021)2.
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Examine the hottest TIAA information
- As of Dec. 31, 2020. Based mostly on information in PLANSPONSOR’s 403(b) Market place Survey, which revealed in August 2021.
- As of December 31, 2021 assets beneath management throughout Nuveen Investments affiliate marketers and TIAA financial investment management teams are $1,375 trillion.
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