ITWire

The new system will help enable the WA-based fund, which has $388 million funds under management, to offer services associated with substantially larger organisations, and FESSF secretary, Adrian Rutter, said the fund had chosen Bluedoor as it provided a complete superannuation administration system to manage its accumulation, defined benefits and allocated pension offerings on a single technology platform.

“Our members and employers will benefit from improved online services and substantial operational efficiency gains in our back office.

“This is an important step in our fund’s progress to improve services. We were impressed with the high quality of Bluedoor’s professional services and technology. Using Bluedoor, we will eliminate the maintenance costs and overheads associated with operating many separate applications.”

Martin Spedding, Executive Director, DST Global Solutions Bluedoor, said that efficiency gains available to industry funds using the Bluedoor platform demonstrated that consolidation was not the only alternative for smaller funds seeking to reduce costs and improve services to members.

“FESSF will be able to deliver true straight through processing using the Bluedoor technology which was built for the internet, providing members with online processing, substantial efficiency gains and improved services.”