The company 

ITM specialises in technology-led data audit, management, administration and migration services, working with pension funds, providers, trusts and administrators as well as other financial institutions. The company utilises proprietary software and specialist expertise it has built over almost 20 years to provide critical and complex data services for its blue-chip clients in both the private and public sectors, including Aviva, Legal & General, Cabinet Office and BT. ITM was founded in 2003 and employs over 100 people across the UK.

In April 2021, ITM acquired Profund, a pensions administration and accounting software provider. The acquisition created a platform of scale in the Life & Pensions industry, with a broad suite of capabilities to deliver unparalleled value to clients and across the entire pensions market. The acquisition also provided ITM with new offshore development and support capabilities to enhance the group’s scale and delivery functions.

The Inflexion investment

Inflexion’s investment enabled ITM to strengthen its offering in the life & pensions market, providing proprietary software and technology-enabled services including data audit, management, administration and migration to its blue-chip client base.

The Inflexion difference

During the partnership and in response to a changing regulatory market, Inflexion supported ITM to complete two acquisitions and launch new services and software products. Inflexion’s local expert supported the business to expand its back office operations into India.

We are a stronger and more agile organisation after our work with Inflexion, with their value acceleration and international teams a real support. We now look forward to working with Lumera, which provides an excellent match with our organisation strategically and culturally, as well as with our technology and services portfolios.

Mark Lecompte, Chief Executive, ITM