Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
LUCR Super CEO, Greg Sword, says the company is
already experiencing a range of significant business improvements and
has been able to automate many of its administration processes.
“The conversion from our existing system to DST Global Solutions’
Bluedoor platform successfully delivered the implementation of the
system and migration of all data on time,” Sword said, adding that the
“selection of a browser-based web solution is the perfect match for the
operational environment we now face and it allows us to utilise a true
end-to-end platform.”
Sword said LUCRF provided employer-sponsored superannuation, personal
superannuation savings and pension products for over 180,000 members
and 15,000 employers, and the fund had retired its existing software
solution to introduce a new core registry system built on workflow
management and exception-based administration principles.
Ian Mathieson, CEO for DST Global Solutions Australia and New Zealand,
Ian Mathieson, said the contract win was significant for the company in
Australia, as it “again highlighted our ability to implement a complete
platform in very tight timeframes and to create strong relationships
with our clients in the process.”
Mathieson said the company had successfully met its objectives of
migrating over 350,000 member records with full transaction history,
and also implementing new automated contribution and payroll
processing, “some of the many features that our software offers.”
“We are delighted that LUCRF Super chose us and are proud to facilitate their technology innovations.”
According to Mathieson, the Bluedoor platform is a “comprehensive,
next-generation architecture designed to replace the many systems
typically running within most organisations in the wealth management
industry today.
“As a browser-based registry administration system, it helps financial
services and wealth management clients to manage superannuation,
managed funds and pension products from one application.”
David Bass
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