Retirement Plan Consulting Firm Chooses Patni Defined Contribution BPO Services

Patni Computer Systems announced that Kitcoff-APSI, a full-service employer sponsored retirement plan consulting and administration firm, has opted for Patni’s Defined Contribution BPO Services. Patni will assist Kitcoff-APSI’s existing business in the annuity and life space, with domain knowledge that will extend into the brokerage space as Kitcoff-APSI increases its market share within this segment.

Launched in June 2005, Patni’s Defined Contribution BPO Service is specifically designed for companies expanding their offerings into lucrative defined contributions segments such as 401(k) plan administration. The service employs a “reverse ASP” model that leverages the customer’s existing IT infrastructure, eliminating the burden of migrating to an unknown administrative platform.