Procentia develops cloud-based pension administration software serving some of the world's largest pension schemes. Founded in 2002, the company operates from offices in the UK and North America, supporting over 4.2 million pension members globally across both private and public sector schemes.
The company's flagship platform, IntelliPen, is a comprehensive cloud system that handles all major pension scheme models, including defined benefit, defined contribution, collective defined contribution, hybrid arrangements, and pension risk transfer structures. The platform automates core pension administration functions - member retirements, validation, benefit calculations, reporting and pensioner payroll - with claimed efficiencies of up to 90% in time and cost savings.
Procentia is majority-owned by BT Pensions Scheme following an acquisition in 2019. The company has been recognised as the UK's leading pension administration software provider in 2022 and 2023, and was named Pensions Technology Firm of the Year at the 2024 Pensions Age Awards.
