SS&C signs agreement with Mine Super to deliver administration … – PR Newswire
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Dec 19, 2022, 16:30 ET
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Mine Tremendous outsources administration to SS&C
WINDSOR, Conn., Dec. 19, 2022 /PRNewswire/ — SS&C Applied sciences Holdings, Inc. (Nasdaq: SSNC) as we speak introduced it had secured the Mine Superannuation Fund (Mine Tremendous), which manages AUD 12 billion of funds on behalf of 55,000 members, as its first consumer to ship superannuation administration companies in Australia.
SS&C is the world’s largest fund administrator and main outsourcing supplier. The settlement with Mine Tremendous establishes the muse for SS&C’s new superannuation administration enterprise for the APAC area. Mine Tremendous brings a wealth of expertise in superannuation administration to SS&C and will probably be central to SS&C increasing its superannuation providing in Australia.
SS&C’s Head of International Investor and Distribution Options, Nick Wright, mentioned SS&C is happy to work with Mine Tremendous. “This settlement represents an alignment of methods, permitting Mine Tremendous to proceed specializing in member-first outcomes by SS&C’s fashionable, differentiated administration providing. The groups transferring to SS&C are pivotal to offering distinctive service for Mine Tremendous’s members and key to the expansion of our BPO providing in Australia,” he mentioned.
Mine Tremendous Chair Christina Langby mentioned, “We’re excited to be working with SS&C to offer our members with entry to main expertise capabilities, which is able to enable us to ship superior member outcomes. We sit up for working with SS&C to offer finest at school member experiences.”
Chief Govt Officer of Mine Tremendous Vasyl Nair mentioned, “Having labored with the SS&C group for numerous years, it turned clear that their world experience in BPO could possibly be leveraged onshore. We’re proud to externalise our administration to such a big and well-established enterprise that may proceed to allow Mine Tremendous to ship higher worth and repair to our members.”
Mine Tremendous members will profit from SS&C’s continued investments in clever automation and digital applied sciences. The answer will ship superior digital experiences for members, driving larger member engagement and stronger retirement outcomes.
Established in 1941, Mine Tremendous is a ‘superannuation’ pension fund devoted to serving the retirement wants of its members. Mine Tremendous employs over 180 employees and manages roughly AUD 12 billion in funds for over 55,000 members.
SS&C is a worldwide supplier of companies and software program for the monetary companies and healthcare industries. Based in 1986, SS&C is headquartered in Windsor, Connecticut, and has workplaces world wide. Some 20,000 monetary companies and healthcare organizations, from the world’s largest corporations to small and mid-market corporations, depend on SS&C for experience, scale and expertise.
Australia’s superannuation trade has relied on SS&C’s expertise for greater than 30 years to help funds underneath administration approaching AUD $2.1 trillion every year.
Extra details about SS&C (Nasdaq: SSNC) is accessible at www.ssctech.com.
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