PwC UK launches SCORE Digital fiduciary management and OCIO tool

• PwC’s SCORE Digital is a fiduciary management (FM) and Outsourced Chief Investment Officer  (OCIO) evaluatory platform that enables trustees to access data from across the pensions investment market.

PwC UK’s pensions advisory service has launched a new digital data tool, SCORE Digital. As the first platform of its kind to integrate PwC’s artificial intelligence (AI) capabilities with investment research, SCORE Digital gives pension trustees access to both scheme specific and wider fiduciary management and OCIO data and investment evaluation, to enable trustees to closely monitor their providers. 

SCORE Digital provides trustees with the ability to check if their fiduciary managers and OCIOs are performing. Features include assessing if scheme funding levels have been moving as expected using PwC proprietary indices, performance benchmarking against market peers and wider comparators and receiving alerts of key changes with fiduciary managers and OCIOs. 

Keira- Marie Ramnath, head of investments at PwC UK, comments: 

“Research and data collection is fundamental to the pensions investment industry, yet it can be riddled with inefficiencies including high costs and bureaucracy. We wanted to make it easier to consolidate our research to better enable trustees to have a holistic view of the wider market and better understand how their portfolios are performing and what investments are best suited to their pension schemes. SCORE Digital enables us to provide ongoing and tailored oversight proportional to the requirements of each specific pension scheme, combined with insight from across the wider industry, to help us deliver the best outcomes for our clients.”

The online platform consolidates all oversight reports and dashboards PwC provides to its outsourced oversight pension scheme clients including: performance analysis, market commentary and fiduciary manager research, all in one place.