TIAA Wins CIO 100 Award for Innovation in Information Technology

Donna B. Jones


NEW YORK, March 22, 2022 /PRNewswire/ — Foundry’s CIO has named TIAA a 2022 CIO 100 Awards winner. For a lot more than 30 decades, the CIO 100 Awards have acknowledged modern organizations around the world that exemplify the greatest level of strategic and operational excellence in IT.

(PRNewsfoto/TIAA)

CIO has named TIAA a winner of the 2022 CIO 100 Awards.

“We are very pleased of our dedication to delivering innovative alternatives for our clients,” stated Sastry Durvasula, TIAA Chief Information and facts & Client Companies Officer. “This CIO 100 Award is a testomony to the dedicated teams who perform every working day to improve our abilities and increase our consumer practical experience. I am honored to operate with these types of an revolutionary staff of technology and client company specialists.”

TIAA was acknowledged for its proprietary remittance modernization. TIAA’s remittance system supplies extensive file routing and processing solutions for TIAA’s marquee institutional clients, such as a lot of of the biggest universities and clinical facilities in the United States. The modernization task rebuilt the former production program, deployed in 2014, from the floor up on a modern day technologies stack.

The goal of the modernization hard work was to decrease operational costs, boost operation, scalability, and stability, as nicely as efficiency by a component of far more than 100x. At the exact time, this hard work enabled seamless integration with our main goods and solutions.

“This year’s CIO 100 course demonstrates grit, innovation and deep teamwork. Quite a few jobs are linked to streamlining details flows and insights to push the business enterprise, bringing innovations like the metaverse to daily life, and driving price through the pandemic in myriad strategies,” reported Anne McCrory, Group VP, Customer Working experience & Functions, Foundry, previously IDG Communications, Inc. “We are honored to showcase these achievements and the individuals guiding them as we obtain in individual after again for a workforce-based mostly working experience at the CIO 100 Symposium & Awards in California in August.”

Executives from the profitable organizations will be identified at the CIO 100 Symposium & Awards.

About the CIO 100 Awards

The annual CIO 100 Awards rejoice 100 companies and the teams inside them that are applying IT in innovative means to supply small business worth, whether by creating aggressive gain, optimizing enterprise procedures, enabling advancement or bettering associations with shoppers. The award is an acknowledged mark of enterprise excellence. Recipients are chosen via a 3-step system. Initially, organizations fill out an on the net application kind detailing an innovative IT and enterprise initiative. Upcoming, a staff of external judges (many of them previous CIOs) reviews the programs in depth, hunting for leading-edge IT practices and measurable success. Finally, CIO editors assessment the judges’ recommendations and choose the closing 100.

About TIAA

TIAA is a primary company of secure retirements and end result-centered investment decision answers to millions of individuals and countless numbers of institutions.  It is the #1 not-for-income retirement marketplace supplier1, compensated far more than $3.6 billion to retired clientele in 2020 and has virtually $1.4 trillion in property beneath administration (as of 12/31/2021)2.

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  • As of Dec. 31, 2020. Dependent on data in PLANSPONSOR’s 403(b) Marketplace Survey, which revealed in August 2021.
  • As of December 31, 2021 assets beneath administration throughout Nuveen Investments affiliates and TIAA investment administration teams are $1,375 trillion.
  • ©2022 Teachers Insurance policy and Annuity Affiliation of The united states-University Retirement Equities Fund, 730 Third Avenue, New York, NY 10017

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