Superpartners Signs Up Leading Technology Partner For Program - Dec 11, 2008

Tata Consultancy Services, a leading global IT services and consulting firm has been chosen as prime systems integrator for a new core administration platform at Superpartners, the largest retirement fund administrator in Australia. The delivery is expected to be completed in less than 15 months.

Under the terms of agreement, TCS will manage end to end systems integration such as configuration work, complex integration with various business critical applications and execution of complex testing scenarios to ensure that the system meets the business objective of Superpartners for their business transformation program.

All 16 of Superpartners' industry retirement fund clients are expected to be integrated onto the new system by the end of January 2010. Superpartners serves approximately 6 million member accounts, 700,000 employers and has over $75 billion in funds under administration. Superpartners employs over 1500 people across Australia. To maintain its position and increase scalability and flexibility Superpartners has embarked on a transformation program costing AUD $ 70 million and spread over 12 months.

The company made this announcement during the trading hours today, 11 December 2008.