Supercorp takes SuperViser II to market
Technology firmSupercorphas launched an administration system called SuperVisor II, which it developed in conjunction with boutique dealer groupFiducian Group, to a wider audience.
Fiducian has been using the system for the past nine months, but Supercorp is ready to release the product to a wider client base in the financial services industry - which it believes to be “hungry” for up-to-date software.
“Many existing wrap and master trust providers are looking to replace old technology, or want to stop outsourcing administration procedures to manage them internally,” Supercorp business development manager Andrew Hamilton says.
Many administration systems being used in the market are conglomerations of several different systems, and some providers will look to replace these with a single functioning system, Hamilton says.
SuperVisor II will be sold in modules, but the total system includes superannuation and corporate superannuation, wrap and master trust administration, unit registries and personal portfolios, or individually managed accounts.
It is also web-enabled to include online reporting and portfolio management.
Supercorp entered the financial services technology market 14 years ago with a superannuation administrative platform, but last year looked to develop a funds management product by working with Fiducian to develop this latest product offering.
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