FES Super extends 15-year tech partnership with | Australian Markets
FES Super, the $989 million industry super fund for members of WA’s fire and emergency companies sector, has prolonged its longstanding partnership with technology and managed companies associate SS&C.
FES Super fund secretary Adrian Rutter stated the deal will keep companies which might be within the “best interest of our members”, making certain the fund can proceed to leverage SS&C’s “flexible, customisable tools and consistent service”.
Among the core elements of the managed companies deal is FES’s continued use of SS&C’s cloud-hosted, single-pane-of-glass registry platform Bluedoor.
Built particularly for outlined contribution, outlined benefit and pension companies suppliers, the cloud-based platform is designed to help these funds handle administrative duties and consolidate registry exercise, offering real-time automation and straight-through processing functionality.
By leveraging Bluedoor, Rutter stated the fund can guarantee environment friendly supply of “modern, high-quality user experience” to members.
Alongside Bluedoor, SS&C additionally supplies FES Super with member digital and reporting companies.
The latest deal extends a now 15-year relationship between FES Super and SS&C.
Bluedoor is the muse of SS&C’s Global Investor & Distribution Solutions’ (GIDS) digital working model for superannuation.
SS&C’s head of GIDS Australia Shaun McKenna stated the managed companies supplier was “proud to renew our deep-rooted partnership with FES Super.”
“The fund has grown significantly since our initial engagement nearly 15 years ago. We look forward to working with the FES team to help deliver a superior member experience.”
FES Super counts more than 2,500 members and noticed a practically 10% growth (up $84.8 million) in funds underneath management between FY23-24.
Earlier this month, SS&C secured an administration mandate with REI Super, a main coup for the US managed companies supplier because it expands its presence in Australia.
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