No. 1 Story
ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreOpening Bluedoor to wealth management!
Peter Dinham
Monday, 25 May 2009 14:22
“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.”
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