Tata Consultancy Services (TCS) signed up as the prime systems integrator for a core administration platform at Superpartners, the largest superannuation administrator in Australia. The delivery is expected to complete in less than 15 months.
All 16 of Superpartners' Industry Superannuation Fund clients are expected to be integrated onto the new system by the end of January 2010.
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.
To maintain its position and increase scalability and felxibility, Superpartners has embarked upon a transformation program costing AUD 70 million (around Rs 225 crore). The Australian firm serves approximately 6 million member accounts, 700,000 employers and has over $75 billion in funds under administration. It employs over 1,500 people across Australia.
"We look forward to working with Superpartners and adding value to them by their shortening the time to market, leveraging our global proven technology and domain expertise," said Varun Kapur, general manager, Australia & New Zealand, TCS.