ANNOUNCEMENT: Benefex and Benify come together under a new name, Benifex, to
create a new leader in global rewards and benefits technology READ THE FULL STORY

Benefits

Run, Manage and engage your employees in, benefits - anywhere in the world.

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Discounts

Help employees’ pay go further with global savings on global brands to instantly increase the value of their post payroll spend.

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Reward & Recognition

Shine a light on all the incredible things happening across your organisation.

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Wellbeing

Enhanced wellbeing with customised and guided support for every employee.

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Wallet

Give every employee exactly what they want from their benefits, with Benifex card-based allowances.

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Mobile

Anywhere, anytime reward and benefits for all your people whether they’re in the office, working remotely, or on the go.

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AI-powered Benefits

Transformative, AI-driven technology to help you unlock the next generation of employee benefits engagement.

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Platform overview

Connect all your employee benefits, wellbeing, reward, and recognition so your people have one home for everything at work.

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Free downloads

Get the latest global research, thought leadership, and practical advice in our reports, guides and eBooks.

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Customer stories

What’s it like partnering with Benifex? Nobody says it better than our customers. See what we’ve helped them achieve.

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Events and webinars

Check out our upcoming events. And explore our library of on-demand webinars, featuring clients, partners and industry influencers.

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Articles and news

Explore the latest trends, ideas and actionable insights from Benifex to help you deliver an exceptional employee experience.

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Videos

Discover our freemium expert content, product highlights and insights.

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Country spotlights

Check out our country spotlights to get an overview of the benefits landscape in key countries, along with key considerations from our experts.

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All Benifex resources

Insights, ideas and guides from the Benifex team to help you deliver the best reward and benefits experiences to your people.

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Benifex careers

Join our mission to create exceptional employee experiences every day.

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Life at Benifex

Explore what it’s like to be a Benifexer, our culture, employee stories, and more.

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Open Roles

Looking for an exciting career? See our open roles and apply today!

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About Benifex

Find out more about Benifex, our values, and mission.

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Customer stories

What is it like to work with Benifexer? Nobody says it better than our customers. See what we’ve helped them achieve.

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Awards

Check out the recognition we’ve received for excellence in delivering exceptional employee experiences.

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Sustainability & Impact

Discover our commitment to achieving net-zero emissions and how we’re making a difference.

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Get in touch

Contact us for enquiries, partnerships, or to simply say hello. We’d love to hear from you and explore ways to work together.

Contact us

Want to try Benifex?

Book a free demo today

Book a demo

Benefits

Run, Manage and engage your employees in, benefits - anywhere in the world.

Explore Benefits

Discounts

Help employees’ pay go further with global savings on global brands to instantly increase the value of their post payroll spend.

Explore Discounts

Reward & Recognition

Shine a light on all the incredible things happening across your organisation.

Explore R&R

Wellbeing

Enhanced wellbeing with customised and guided support for every employee.

Explore Wellbeing

Wallet

Give every employee exactly what they want from their benefits, with Benifex card-based allowances.

Explore Wallet

Mobile

Anywhere, anytime reward and benefits for all your people whether they’re in the office, working remotely, or on the go.

Explore Mobile

AI-powered Benefits

Transformative, AI-driven technology to help you unlock the next generation of employee benefits engagement.

Explore AI

Platform overview

Connect all your employee benefits, wellbeing, reward, and recognition so your people have one home for everything at work.

Explore

Free downloads

Get the latest global research, thought leadership, and practical advice in our reports, guides and eBooks.

Explore free downloads

Customer stories

What’s it like partnering with Benifex? Nobody says it better than our customers. See what we’ve helped them achieve.

Explore stories

Events and webinars

Check out our upcoming events. And explore our library of on-demand webinars, featuring clients, partners and industry influencers.

Explore events and webinars

Articles and news

Explore the latest trends, ideas and actionable insights from Benifex to help you deliver an exceptional employee experience.

Explore articles and news

Videos

Discover our freemium expert content, product highlights and insights.

Explore videos

Country spotlights

Check out our country spotlights to get an overview of the benefits landscape in key countries, along with key considerations from our experts.

Explore country spotlights

All Benifex resources

Insights, ideas and guides from the Benifex team to help you deliver the best reward and benefits experiences to your people.

Explore resources

Benifex careers

Join our mission to create exceptional employee experiences every day.

Explore careers

Life at Benifex

Explore what it’s like to be a Benifexer, our culture, employee stories, and more.

Explore

Open Roles

Looking for an exciting career? See our open roles and apply today!

Explore roles

About Benifex

Find out more about Benifex, our values, and mission.

Learn more

Customer stories

What is it like to work with Benifexer? Nobody says it better than our customers. See what we’ve helped them achieve.

Explore stories

Awards

Check out the recognition we’ve received for excellence in delivering exceptional employee experiences.

Explore awards

Sustainability & Impact

Discover our commitment to achieving net-zero emissions and how we’re making a difference.

Discover our commitments

Get in touch

Contact us for enquiries, partnerships, or to simply say hello. We’d love to hear from you and explore ways to work together.

Contact us

Want to try Benifex?

Book a free demo today

Book a demo
Alter Domus

Alter Domus – Employee benefits tech to support a global growth journey

Alter Domus is one of the world’s largest private asset servicers.

Driven by a deep understanding of what it takes to succeed in the alternatives market, Alter Domus has developed an unmatched offering to meet and anticipate the ever-changing needs of investment managers and asset owners worldwide. Everything they do is sharply focused on mitigating risks, reducing costs, creating efficiencies, and ultimately driving growth.

Employees:
5,000+
Industry:
financial
Locations:
Global
Products:

““How we grow is going to very much dictate how we further roll out the programme. So whether we’re opening up new operations in a different country or whether we’re acquiring a business – having that scalable plug-and-play solution is central to our playbook.””

David Nugent, Group Director of Performance and Reward, Alter Domus

Objectives

Level up the employee experience

1

Deliver a globally consistent experience

2

Support global growth

3

Logo

The Alter Domus success story

Challenge Solution Results

The challenge

1. Level up the employee experience

“We looked at the growth journey that we were on and determined that we wanted to improve our employee experience exponentially, and we needed a really good platform to do that on the benefits side of things. And when I think back to our business case around investing in this area, it was very, very strong – on the hard, dollar side of things as well as on the soft experiential side. And I would say it’s paid back so far in spades – 100%, whether it’s through compliance and data security, whether it’s through the employee experience – it’s all returned to the business.”

2. Deliver a globally consistent experience

“The employee experience was the starting point. We very clearly, at a leadership level, wanted everybody to have the same experience everywhere. So that meant rolling out the programme where we had 10 people as well as where we had 500 people. So that was really important for us. We selected Benifex because we needed more than just the basic benefits administration functionality; we wanted the total reward summaries; we wanted the recognition platform; we wanted access to the marketplace. Upgrading our benefits across the world, given that Alter Domus had grown from very small origins, meant that we had some countries around the world where our benefits weren’t great, frankly. But the administration overhead stood in the way of upgrading those benefits to a large extent – so we wanted to address this.”

3. Support global growth

“We’re about roughly 5,500 people today, 23 countries, and we have been growing for the last approximately three, four years at a rate of 25 to 30% a year. So I’d put us in the high growth category at that level.”

“How we grow is going to very much dictate how we further roll out the programme – whether we’re opening up new operations in a different country, acquiring a business, or (as we often do) lifting out parts of other organisations. Having that kind of scalable plug-and-play solution is central to our playbook, if you like, on the acquisition front. Organically as well, we are just opening a new location somewhere and starting from the ground up, we’ve landed the principle that everybody’s going to have the same employee experience. We’re also looking at upgrading benefits options – from global benefits to benefits that appeal locally.”

4. Drive digital transformation

“We wanted to drive a more efficient HR function, where we could actually bring capacity into the team and we could upgrade or elevate the service that we were giving to the organisation. We wanted to harmonise our systems. So we had a lot of people in a lot of countries doing a lot of basic administration work and we wanted to get them out of it. And then coupled with that, of course, we had the employee experience as a real driver for us as well as digitising the HR function. And the [digital transformation] journey that we went on started around that time in mid-2020, and we embarked on a lot of HR global rollouts. We did a global payroll consolidation project and various other projects along the way to arrive at benefits.”

5. Reduce administration

“Introducing a new medical plan or something like that is a lot of work – everybody knows that. But who’s going to administer that, how is it going to work afterwards? So having that operational cut-through that a platform provides was very, very important to us. And also on the non-negotiable site was data security, again – the employee experience – and then the value adds like making sure that everybody had access to a total reward summary.”

The solution

Taking learnings from other tech implementations

“We had implemented a global payroll project prior to this, and we’d learned from that that you have to go slow to go fast. We very quickly learned that if you don’t plan things properly and do all of the pre-work, you’re going to fall at the implementation hurdle. Having a really strong team in place that’s aligned with the partner is also critical. You need clarity of roles and accountabilities throughout. I remember when we started speaking with Benifex, it was probably about six months prior to actually starting the implementation – and we very quickly fell in love with the technology. We liked the implementation approach as well and the intuition within the team was we can move fast with this. And we only had a finite level of investment anyway – so we had to move fast.”

A unique approach

“We turned it on its head and started with smaller countries; we knew that we would be able to take learnings from these countries into the larger countries. We did launch in the US early on, which is our biggest territory so there was a good financial reason for that. Then we focused on Northern Europe and Luxembourg before moving into the rest of Europe and Asia. And we’ve been growing – not just organically, but also acquisitively. We’ve had an acquisition in India that’s led us, and we’ve got another one coming in another country shortly. The list of countries continues to grow, but we have a scalable solution now, we have a team, and we have the capabilities within the business to actually deliver.”

The importance of getting buy-in across the business

“There was a strategic reason for implementing in Luxembourg early on as that’s where most of our leadership is; I wanted to showcase the technology and experience. Once we implemented in Luxembourg, some of our global leaders that are based there were saying they wanted us to rollout the tech faster – which was great. We had a lot of sponsorship, both at a local level and at a global level, that really helped to smooth the way and get people excited about it. The organisation was very keen to upgrade the employee experience – and now it’s more about “can you upgrade the benefits programmes themselves?”

Future growth will continue to shape the rollout plan

“How we grow is going to very much dictate how we further rollout the programme. So whether we’re opening up new operations in a different country or whether we’re acquiring a business – having that scalable plug-and-play solution is central to our playbook. Even if we’re just growing organically and just opening a new location where we’re starting from the ground up, we’ve landed the principle that everybody’s going to have the same employee experience. Later this year, we’re also rolling out the OneHub Recognition module, and then there’s a project to upgrade our benefits – looking at global options, as well as benefits that appeal locally.”

Results

Adam Mason, Global EVP at Benifex, was joined by David Nugent, Group Director of Performance & Reward at Alter Domus and Karen Hall, Senior International Benefits Program Manager at Splunk Inc, to share learnings from rolling out global benefits technology. They discussed the drivers behind rolling out benefits tech globally, considerations for other reward leaders, and what they’re focusing on next. You can watch the full session on demand here.

Customer stories

Lendlease

Lendlease

Building an award-winning benefits strategy at Lendlease.

Ocado Group

Ocado Group

Ocado Group is a global technology and retail company that is changing the way the world shops.

Salesforce APAC

Salesforce APAC

How Benifex supports the world's #1 customer relationship management (CRM) platform.

Join the remarkable organisations putting people at the heart of what they do.

Benifex will use your personal information to contact you from time to time about other products, services and events that we feel may be of interest to you. All personal information is collected and used in accordance with our privacy notice.

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