# New client Secondsight continues Psyon’s transformation of employee benefits data management in the UK
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-09-19
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: SWAN: Revolutionising Employee Benefits Administration for
Meta Description: Psyon partners with Secondsight to introduce SWAN, a cutting-edge online employee benefits administration platform, revolutionising management and access to
URL: https://financedigest.com/new-client-secondsight-continues-psyons-transformation-of-employee-benefits-data-management-in-the-ukhtml

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Psyon has worked with its new client [Secondsight,](http://www.second-sight.com/) the employee benefits division of Foster Denovo Limited, to enable Secondsight [clients](https://www.financedigest.com/uk-firms-closing-the-innovation-gap-to-pursue-revenue-growth.html) to fully understand their protection insurance membership data in real-time.

Psyon Elysium, which will be branded as SWAN for Secondsight clients, is a unique, market-leading employee benefits online administration platform. The platform improves the management of [employee](https://www.financedigest.com/why-accountants-are-recommending-employee-ownership-trusts-to-businesses.html) benefits and provides companies with accurate and up-to-date data on all aspects of their group risk and healthcare benefits. This includes insurance policies, membership information, renewals, claims and spending.

Managing protection [insurance policies](https://www.financedigest.com/what-type-of-life-insurance-policy-is-right-for-me.html "What Type of Life Insurance Policy Is Right For Me?") and keeping on top of joiners, leavers, renewals and claims has long been an administrative challenge for employers. SWAN sets out to change this by bringing administrative time and [cost savings](https://www.financedigest.com/how-to-save-money-as-a-student-during-the-cost-of-living-crisis.html "How to Save Money as a Student During the Cost of Living Crisis") to both Secondsight and their [clients.](https://www.financedigest.com/uk-firms-closing-the-innovation-gap-to-pursue-revenue-growth.html)

Nicky Dunderdale, Director of Digital at Psyon, said: “Secondsight is a leader in the [employee](https://www.financedigest.com/why-accountants-are-recommending-employee-ownership-trusts-to-businesses.html) benefits industry and through our relationship we hope many more employers will realise the value of online employee benefits administration – namely the fact it can be pain free, highly efficient and [cost](https://www.financedigest.com/cost-effective-digitized-innovation-to-drive-the-immune-thrombocytopenia-treatment-market.html "Cost-effective Digitized Innovation to drive the Immune Thrombocytopenia Treatment Market") effective.”

Morag Livingston, Head of Group Risk and Wellbeing at Secondsight, said: “Following continued growth in our group risk business we took the decision to invest into an enhanced system that would help streamline our internal processes.  In addition, our group risk [clients](https://www.financedigest.com/uk-firms-closing-the-innovation-gap-to-pursue-revenue-growth.html) will now have access to a digital solution that will help them to manage, in real time, their group risk and healthcare [benefits data](https://www.financedigest.com/the-benefits-of-big-data-how-to-convince-your-cfo.html "THE BENEFITS OF BIG DATA – HOW TO CONVINCE YOUR CFO") and associated spend.”


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