TIAA was acknowledged for its proprietary remittance modernization. TIAA’s remittance platform offers complete file routing and processing providers for TIAA’s marquee institutional shoppers, together with lots of the largest universities and medical facilities in the USA. The modernization challenge rebuilt the earlier manufacturing system, deployed in 2014, from the bottom up on a contemporary know-how stack.
The objective of the modernization effort was to scale back operational prices, enhance performance, scalability, and stability, in addition to efficiency by an element of greater than 100x. On the identical time, this effort enabled seamless integration with our core services.
“This yr’s CIO 100 class demonstrates grit, innovation and deep teamwork. Many tasks are associated to streamlining information flows and insights to drive the enterprise, bringing improvements just like the metaverse to life, and driving worth through the pandemic in myriad methods,” mentioned Anne McCrory, Group VP, Buyer Expertise & Operations, Foundry, previously IDG Communications, Inc. “We’re honored to showcase these achievements and the individuals behind them as we collect in particular person as soon as once more for a team-based expertise on the CIO 100 Symposium & Awards in California in August.”
Executives from the profitable corporations can be acknowledged on the CIO 100 Symposium & Awards.
In regards to the CIO 100 Awards
The annual CIO 100 Awards have fun 100 organizations and the groups inside them which can be utilizing IT in revolutionary methods to ship enterprise worth, whether or not by creating aggressive benefit, optimizing enterprise processes, enabling development or enhancing relationships with prospects. The award is an acknowledged mark of enterprise excellence. Recipients are chosen via a three-step course of. First, corporations fill out a web based utility type detailing an revolutionary IT and enterprise initiative. Subsequent, a group of exterior judges (a lot of them former CIOs) opinions the functions in depth, in search of modern IT practices and measurable outcomes. Lastly, CIO editors overview the judges’ suggestions and choose the ultimate 100.
TIAA is a number one supplier of safe retirements and outcome-focused funding options to hundreds of thousands of individuals and 1000’s of establishments. It’s the #1 not-for-profit retirement market supplier1, paid greater than $3.6 billion to retired shoppers in 2020 and has almost $1.4 trillion in property below administration (as of 12/31/2021)2.
- As of Dec. 31, 2020. Primarily based on information in PLANSPONSOR’s 403(b) Market Survey, which revealed in August 2021.
- As of December 31, 2021 property below administration throughout Nuveen Investments associates and TIAA funding administration groups are $1,375 trillion.
©2022 Academics Insurance coverage and Annuity Affiliation of America-Faculty Retirement Equities Fund, 730 Third Avenue, New York, NY 10017