ZEDRA has formed a strategic collaboration with Knowa in the development of "pioneering" new governance tools to create a platform for its pension clients.
A series of tools were exclusively designed for sole trustee governance and combine Knowa's innovative AI-enabled knowledge, meeting packs, and collaboration tools with a series of proprietary governance applications to create a secure and versatile ecosystem that embeds good governance practices, particularly in response to UK The Pension Regulator's introduction of the General Code earlier this year.
Mark Stopard, head of propositions at ZEDRA Governance, said: "In an era where regulatory requirements are constantly evolving, we are dedicated to providing our clients with cutting-edge, efficient solutions that simplify their governance responsibilities.
"This innovative platform gives us the tools we need to navigate this evolving landscape ensuring compliance, cost savings and, importantly, peace of mind. Working with Knowa also perfectly complements our mission - offering an advanced, user-friendly interface that enhances collaboration and knowledge-sharing so we can focus on delivering for members."
Will Henderson, co-founder and chief technology & product officer at Knowa added: " We are delighted to be working closely with ZEDRA, a highly respected industry leader driving for higher standards and innovation. Together, we aim to provide our clients with a seamless, AI-driven solution that optimises governance processes.
"The integration of our platform with ZEDRA's expertise in professional trustee services promises to deliver substantial benefits to sponsoring employers, and trustee boards seeking to meet the highest governance standards."
ZEDRA further said the collaboration introduces significant advancements in governance practices, focusing on
efficiency and consistency to help organisations navigate the maze of complexities of modern pensions regulation while fostering good governance practices.
