Austin, 78723, TX,
United States
Teacher Retirement System of Texas Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Teacher Retirement System of Texas and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1237 Teacher Retirement System of Texas employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Teacher Retirement System of Texas has purchased the following applications: OpenGov ERP Cloud for Government ERP in 2019, SimCorp Portfolio Workbench for Portfolio and Investment Management in 2024, Imperva Sonar for Web Application Firewalls (WAF) in 2024 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Teacher Retirement System of Texas is running and its propensity to invest more and deepen its relationship with OpenGov , SimCorp , Imperva or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Teacher Retirement System of Texas revenues, which have grown to $2.39 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Teacher Retirement System of Texas intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| OpenGov | Legacy | OpenGov ERP Cloud | Government ERP | ERP Services and Operations | n/a | 2019 | 2019 |
|
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SimCorp | Legacy | SimCorp Portfolio Workbench | Portfolio and Investment Management | Investment Management | n/a | 2024 | 2026 |
In 2024, the Teacher Retirement System of Texas selected SimCorp One to strengthen portfolio management, investment operations and accounting for the large US public pension fund. The selection implies deployment of SimCorp Portfolio Workbench within the Portfolio and Investment Management environment to consolidate front and back investment workflows and centralize position keeping and accounting ledgers.
Implementation scope centers on portfolio management, investment operations and accounting, with inferred configuration of SimCorp Portfolio Workbench to support position management, order processing, portfolio valuation and accounting close workflows. Configuration work emphasizes automation and straight-through processing capabilities typical of Portfolio and Investment Management platforms, including reconciliations and event processing to reduce manual handoffs.
Operational coverage is expected to span TRS investment teams and core accounting functions across the organization, positioning SimCorp Portfolio Workbench as the central system for investment data, trade lifecycle orchestration and accounting entries. The program is described as a front and back platform consolidation, aimed at simplifying the investment technology landscape and increasing straight-through processing across investment operations.
Governance and rollout focus on standardizing investment operations workflows and strengthening operational controls, with phased deployment to align investment desks and accounting teams to the new platform. The initiative is positioned to simplify system sprawl while aligning portfolio management and accounting processes under SimCorp Portfolio Workbench, consistent with the Teacher Retirement System of Texas intent to modernize its Portfolio and Investment Management stack.
|
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Imperva | Legacy | Imperva Sonar | Web Application Firewalls (WAF) | CyberSecurity | n/a | 2024 | 2024 |
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