TIAA Wins CIO 100 Award for Innovation in Information Technology

TIAA was regarded for its proprietary remittance modernization. TIAA’s remittance system provides in depth file routing and processing products and services for TIAA’s marquee institutional consumers, together with many of the greatest universities and clinical facilities in the United States. The modernization task rebuilt the previous output program, deployed in 2014, from the ground up on a fashionable technological know-how stack.

The aim of the modernization work was to lessen operational fees, raise features, scalability, and security, as well as performance by a variable of far more than 100x. At the exact time, this effort enabled seamless integration with our core goods and services.

“This year’s CIO 100 class demonstrates grit, innovation and deep teamwork. Several tasks are linked to streamlining facts flows and insights to push the business, bringing improvements like the metaverse to daily life, and driving worth through the pandemic in myriad strategies,” mentioned Anne McCrory, Team VP, Purchaser Encounter & Operations, Foundry, previously IDG Communications, Inc. “We are honored to showcase these achievements and the men and women powering them as we collect in particular person after once again for a team-dependent 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 companies and the groups inside of them that are utilizing IT in modern strategies to provide enterprise benefit, whether by making competitive edge, optimizing business procedures, enabling progress or improving upon interactions with prospects. The award is an acknowledged mark of enterprise excellence. Recipients are selected as a result of a a few-stage procedure. 1st, corporations fill out an on the web application variety detailing an revolutionary IT and organization initiative. Following, a workforce of exterior judges (several of them previous CIOs) opinions the apps in depth, looking for top-edge IT procedures and measurable benefits. Lastly, CIO editors review the judges’ suggestions and pick the final 100.

About TIAA

TIAA is a leading service provider of safe retirements and outcome-focused investment decision methods to thousands and thousands of individuals and thousands of establishments.  It is the #1 not-for-earnings retirement market place provider1, compensated far more than $3.6 billion to retired consumers in 2020 and has almost $1.4 trillion in belongings under management (as of 12/31/2021)2.

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  1. As of Dec. 31, 2020. Primarily based on data in PLANSPONSOR’s 403(b) Current market Survey, which released in August 2021.
  2. As of December 31, 2021 belongings underneath management across Nuveen Investments affiliate marketers and TIAA financial investment management groups are $1,375 trillion.

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