Ortec Finance and Brightwell, a comprehensive service provider to UK defined benefit (DB) pension schemes, continue to strengthen their partnership, as Brightwell expands its pension management services following its successful transition to a multi-client model.
Brightwell’s challenge: Offering PEARL beyond a single pension scheme
In 2012, Brightwell began its transition from exclusively providing pension services to the BT Pension Scheme to becoming a pension management services provider available to other schemes. With investment performance and reporting recognized as a critical service, Brightwell sought to establish it as one of its core offerings under its new operational framework.Investment performance analysis and reporting in a multiple scheme environment
As investment strategies vary across pension schemes, building an effective performance measurement workflow to support better decision-making requires a tailored approach. This approach must account for differences in fund hierarchies and benchmark structures to accurately reflect each scheme’s strategy and overlays as well as different stakeholder reporting needs.Using PEARL’s capabilities to service multiple schemes, supporting Brightwell’s continued expansion
Ortec Finance’s team of investment performance professionals have established a framework that harnesses PEARL’s ability to develop configurable fund structures alongside flexible data setups, and use embedded data management tools. This framework allows Brightwell to efficiently replicate an optimal performance measurement workflow that anticipates and adapts to the unique needs of a pension scheme.Together with workflow-generated analytics, PEARL’s online self-service platform has enabled Brightwell to deliver extensive, user-centric reporting outcomes that complement its high-quality fiduciary management, including the onboarding of the DB section of the EE Pension Scheme.
Declan Kearney, Brightwell’s Performance Reporting Senior Manager commented:
“Leveraging PEARL's advanced analytics and customizable functionality, we are able to provide unparalleled insights and performance reporting, ensuring that each pension scheme we manage is optimized for success."
Empowering investment decisions with essential performance insights for over a decade
Since 2012, Ortec Finance’s Investment Performance team has supported Brightwell’s Investment Performance & Reporting team in executing key daily workflows related to portfolio-level reconciliation and analysis with its performance measurement and attribution solution, PEARL.
PEARL’s ability to generate comprehensive analytics, automate processes and produce extensive reporting has helped Brightwell deliver timely and accurate reports, facilitate performance attribution for its clients, and enable ongoing tracking and analysis of LDI and hedging strategy implementation.
About Brightwell
Brightwell is a comprehensive service provider to UK defined benefit (DB) pension schemes.
It has operations in London, where the funding and fiduciary management team is based, and Chesterfield which is the home of the member services team.
Brightwell acquired pensions administration technology company Procentia in 2019 which has operations in Bristol and Chicago.
For more information visit www.brightwellpensions.com
Contact
Elske van de Burgt
Managing Director Investment Performance
Oliver Henriquez
Sales Director, EMEARelated Insights
-
09 July 2025Our perspective on the UK’s Pension Scheme Bill: Five key considerations for LGPS FundsExplore Ortec Finance’s perspective on five key considerations particularly relevant to LGPS pools in the context of the UK’s largest pension reform.
-
09 July 2025Brightwell: Optimizing workflows and performance insights with PEARLLearn how Ortec Finance helped Brightwell to establish investment performance and reporting as one of its core offerings under its new operational framework
-
08 July 2025Quarterly Scenario webinar - 'How might investors manage ongoing policy uncertainty as the new normal?'Join us on July 24 for our Q2 webinar where our in-house expert Tom Janssen will be guiding you through our Quarterly Scenario outlook ‘How might investors manage ongoing policy uncertainty as the new normal?’ and Patrick Tuijp will discuss balance sheet stress testing in the global trade war era as our special topic.
-
07 July 2025The role of damage functions in assessing physical climate risksLearn how different damage functions affect the assessment of physical climate risks in climate risk modeling and investment decision-making.
-
07 July 2025In-House Student Day: Thursday September 19, 2024 - RotterdamCalling all students! Join us for an unforgettable day of insights and inspiration at our exclusive In-House Student Day.
-
16 June 2025Ortec Finance appoints Michelle Li as Head of AustraliaMichelle Li will oversee the day-to-day operations of the Australian business while continuing to lead its local investment performance team.
-
13 June 2025How scenario analysis and balance sheet simulation can help in a volatile marketInsurers: Tackle market volatility with scenario analysis and balance sheet simulation. Sander Dekker explains how to strengthen strategy and solvency.
-
10 June 2025Optimizing Insurance Portfolios with SBML: Ortec Finance & M&G InvestmentsOptimizing Insurance Portfolios with SBML: Ortec Finance & M&G Investments
-
06 June 2025Ortec Finance ranked in RiskTech top 50 AI by Chartis ResearchChartis Research names Ortec Finance in RiskTech AI 50 2025 for excellence in machine learning and GenAI in finance. Read the full report.