Outsourcing Opportunity SCERS has recently selected Northern Trust to provide asset servicing and outsourced solutions including global custody, securities lending, and accounting services, signaling openness to third-party providers for core administration and custody functions.

Custody and Accounting With a move toward outsourced asset servicing and custody, there is a potential for expanding to multi-asset servicing, risk reporting enhancements, and integrated accounting platforms tailored for public sector retirement systems.

Growth and Scale SCERS serves a sizable membership mix (active, retired, and deferred) across multiple government entities, suggesting needs for scalable technology, data analytics, and member services that can handle growing participant volumes.

Tech Stack Fit Current tech usage includes AWS, MySQL, PHP, and various web libraries, indicating opportunities to propose cloud-ready, secure, API-driven solutions that integrate with existing infrastructure and modernize legacy processes.

Public Sector Focus As a government-administered retirement system with fiduciary responsibilities, SCERS prioritizes reliability, compliance, and fiduciary-grade reporting, presenting an opening for solutions in governance, risk, and compliance tooling.