BVG Exchange – facilitating the exchange of data in the second pillar

Heaps of paperwork involving departure data? – There is an easier way: with the BVG Exchange digital platform, affiliation data of insured persons is transferred between occupational benefits institutions and vested benefits institutions in a standardised manner. Free of charge.

Swiss pension funds and 2nd pillar insurers – more than 1'300 institutions in total – exchange data with each other thousands of times a day: employees change jobs, leave occupational benefits institutions and join new funds. 

These exchanges still usually take place by post. The manual transfer of data to the new administration system is time-consuming, prone to errors and harbours security vulnerabilities. The administrative workload and asset management expenses are high.

The solution is digitisation. The Substitute Occupational Benefit Institution manages 1.5 million vested benefits accounts, which is why the automation and standardisation of the exchange of data is particularly important to us. Since 2012, we have been operating the BVG Exchange platform, which we developed ourselves, for digitally exchanging vested benefits of insured persons, and we invite all interested occupational benefits institutions to join it free of charge.

The more institutions use BVG Exchange and thus jointly define an industry standard, the simpler, more efficient, cheaper and more secure it will be to exchange data with each other – to the benefit of the insured persons.

A single platform instead of numerous interfaces