Cosan Launches Cosan ARM - Administration Resilience and Mobility

Cosan is delighted to announce the launch of a new service designed to help Trustees of pension arrangements to be better prepared for adverse events in the future that might affect their ability to “provide the right benefit to the right people at the right time.”

UK’s first independent scheme data recovery service launched

Cosan launches ARM – Administration, Resilience & Mobility

Cosan Consulting has launched ARM, a new Administration Resilience & Mobility solution. ARM includes Cosan Datastore, the UK’s first, cloud hosted, ‘escrow type’ independent data backup for pension schemes.

ARM and Datastore are designed to help Trustees assess and address the risks of not being able to serve members in times of crisis due to not having access to scheme records and data.

The new service has been launched off the back of recent client demand for a ‘Plan B’ type solution and enables clients to respond quickly should events mean that a rapid move to restore administration services becomes necessary. Whilst primarily aimed at the in-house market, there is also an application for outsourced schemes who would benefit from a more direct and immediate relationship with their own data and records.

Philip Dickinson, a founding director of Cosan Consulting, commented:

“Whilst our ARM solution is not a direct result of the pandemic, the last 12 months does show that Trustees need to have plans in place to ensure the resilience of the administration of their schemes should a crisis come along. We are also believe that we are likely to see greater oversight in this area from industry regulators in the future.

ARM and Datastore have been designed to help trustees ensure they have the ability to get their scheme up and running within days. Critically our service is totally independent and thus ensures that trustees are able to access the complete range of provider solutions that exist either on a temporary or longer term basis.