Norwich Union has forked out $25 million for the revamping of the back office of its Navigator master trust.
Norwich Union has forked out $25 million for the revamping of the back office of its Navigator master trust.
The revamp, called Project Greenfield, will expand Navigator’s central admini-stration and reporting systems. It replaces the Navigator administration system, NavLink and FPI financial planning software.
Pricewaterhouse Coopers has also been a part of the development of Project Greenfield, providing the design and analysis base for the system.
The system will allow financial planners to prepare investment strategies and fi-nancial plans.
The company expects Project Greenfield to be rolled out before the end of the year. It will unveil the new system to advisers in a national roadshow starting in the middle of May.
