Savings intelligence
Savings plans employers can stand behind.
Thrift Plan, powered by the Tharaa platform, runs employer-sponsored savings plans for banks, brokers and asset managers to offer their corporate clients. Matching, vesting, payroll and payouts are kept to the cent, and every member sees what they own today.
Employer match rule
Payroll file, October
Exit preview
Member view
Workplace savings
Helping every employee build long-term wealth.
A digital employee savings plan for employers of any size, run on the Tharaa platform by the bank, broker or asset manager the employer already works with.
The workplace savings gap
Many employees have little set aside beyond a state or company pension. A workplace plan with an employer match turns every payroll into long-term savings.
- An employer match added to every payroll
- Vesting ladders that reward staying
- Every member sees their own balance, in a multilingual portal
Vesting calculator
See what a member keeps if they leave.
Employee money is the member's from day one. Employer money vests on the plan's ladder. Move the sliders to see how the two grow, what a leaver takes with them and what a stayer builds over ten years.
Member balance by year of service
Wealth projection over 10 years
Illustration with sample figures. Returns are not guaranteed and this is not a forecast for any real plan.
Show the figures as a table
Overview
Automated employee savings, invested through each plan’s own portfolio.
Thrift Plan runs employer savings plans on the Tharaa platform. Payroll files feed contributions and the employer match, and each plan invests through the instrument allocations its owner sets.
Capabilities
- Payroll file uploadThe file your HR system already exports, previewed before it posts
- Employer match and vestingMatch rules and tiered ladders set per plan
- Optional Shariah-compliant fundsFor institutions that offer them, each fund carries a Shariah flag your institution sets
- Withdrawals where the plan allows themEach plan decides what employee and employer money may leave
Core platform features
Auto matching
Flexible rules based on your policy.
Vesting logic
Track ownership and lock-up automatically.
Plan allocations
Each plan invests across the instruments its owner chooses, such as equities, bonds and sukuk.
Multi-currency
Plans, ledgers and dealing accounts in their own currency, with FX rates.
Role access
Secure portals for admins and employees.
Employee portal
Self-service on phone or desktop, in English or Arabic, with right-to-left layouts.
Benefits
Good for the company and for everyone on its payroll.
For employers
- A benefit that rewards staying, through vesting
- Automate complex payroll matching cycles
- Approve members and plan exceptions on the record
- A vesting report for the whole company
For employees
- Professionally managed savings through the plan
- Accelerated growth via employer matching
- A clear view of contributions, vested balance and the next vesting step
- Financial wellness projection tools
In detail
Built around the employer's rules and the member's money.
Vesting ladders by tenure
Tiered ladders on the calendar year or the hire anniversary. A ladder with a gap is refused when the plan is saved, and members can preview their next step.
Employer match rules
A fixed amount, a share of the contribution or a share of salary, scoped by group, grade, tenure or salary band, applied in an order you set. Annual caps hold across a whole upload.
Employer money kept apart
Each plan has its own ledger and its own dealing accounts for employee and employer money, so unvested employer money is never spent as the member's own.
Payroll file controls
Upload, preview against last month, see every row that breaks a plan rule, then post. Rows outside the plan need the employer's recorded approval and a written reason.
Short remittances held
If the employer's transfer is short, the whole file waits until someone acts. Over-payments are reported, never spread across members.
Bank statements matched
Statements are loaded first and matched second, so an employer who pays before uploading is still reconciled. Credits are shared by what is still outstanding.
Membership is the employer's decision
Members ask to join and the employer's HR team approves. Whole workforces can be enrolled from one roster file.
Exits, switches and withdrawals
Single or bulk requests, each with a preview of what will be sold and the vested share. Unvested units move to the company without being sold.
Prefunding in units
Employers can buy ahead and allocate each month at a frozen fill price, with a clear list of what to buy when units run short.
Nothing lost to rounding
Brokers fill whole units, so a little cash is left on most orders. It returns to the member's plan ledger and is invested next cycle.
A payroll month
From the employer's file to the member's units.
Upload and preview
Totals, last month's figures and a remark for every difference, before anything is booked.
Approve exceptions
The employer's administrator approves rows outside plan rules, with a reason kept on the record.
Fund and reconcile
The employer's transfer is matched to the file; a short file waits rather than half-posting.
Invest and report
Orders go to the broker on one file; fills come back, are checked and appear on every statement.
Who uses it
Three roles, one plan.
Your institution
Banks, brokers and asset managers run the platform under their own brand and licence, and offer plans to their corporate clients.
Employers
HR and benefits teams set plan rules, upload payroll, approve members and exceptions, and see the vesting report for their company.
Members
Employees see contributions, vested balance and the next vesting step in English or Arabic, and request withdrawals or switches.
Technical standards
What it is built on.
In 32 seconds
See Thrift Plan at work.
Turn every payroll into savings.
Plays muted, with the words on screen. Figures shown are sample data.
Questions
Frequently asked questions
What is an employee thrift plan?
A savings plan an employer offers its staff: the employee saves part of their salary each month, the employer adds a match, and the money is invested through the plan's own portfolio.
How does vesting work in Thrift Plan?
Employee money belongs to the member from day one. Employer money vests on the plan's ladder, set by tenure, and unvested units return to the company when a member leaves.
Who runs the plan?
Banks, brokers and asset managers run Thrift Plan under their own brand and licence and offer it to their corporate clients. Employers set the rules, upload payroll and approve members.
Is Thrift Plan the same as the Tharaa platform?
Thrift Plan is powered by the Tharaa platform, which is now part of Quantaint.
Offer a savings plan your clients' employees will use.
We'll walk you through a plan set-up, a payroll month and an exit, using sample data.
Looking for the Tharaa platform? It's now part of Quantaint.