US-based consulting firm Mercer has started partnership with Frankfurt digital asset manager Ginmon.
The partnership is aimed at employers. In the future, Mercer will be able to offer its employees access to Ginmon digital asset management through its cloud-based benefits portal, Darwin.
"Benefits play a major role - be it as a distinguishing feature in the context of recruiting, employee loyalty or employee motivation. Although private asset management is still relatively rare in this area, we believe it will become increasingly important as a result of changing forms of employment," said Eva Lawless, head of Benefits Transformation at Mercer in Germany.
Mercer offers holistic consulting and technical implementation in the area of benefits with the help of the portal Darwin. Ginmon selected the consulting firm for its investment model, investment processes, risk control functions, IT systems and business continuity processes. "Ginmon has fully met our needs in all these areas," added Lawless.
Through the cooperation, employers benefit from the combination of strategy consulting and digital management from Mercer as well as Ginmon's independent and flexible solution for private asset accumulation.
Digital asset management can be a useful addition to company pension plans without employees having to commit themselves to using their assets. In doing so, it is responding to the increasing desire to make benefits and retirement facilities more flexible.