Strathclyde Pension Fund
“Can a large statutory public-sector pension fund deliver accurate, cost-efficient, and timely benefit payments to a globally dispersed member base while modernising its digital self-service infrastructure?”
Strathclyde Pension Fund is a statutory public-sector defined-benefit pension fund, the second largest LGPS fund in the UK, administering pensions for approximately 141 employers and 93,000 pensioners across the West of Scotland and globally. The fund's embedded finance evolution has centred on operational modernisation: moving from manual international payment processes to automated cross-border payouts via Convera's GlobalPay and EDGE platforms, and building a self-service digital member portal (SPFOnline) with identity verification. It is not a commercial fintech but a regulated public-sector institution whose embedded finance footprint is largely in FX/cross-border payouts and member identity verification.