Supercorp secures Macquarie relationship

Data feeds and interfaces to be provided

By Darin Tyson-Chan
Fri 10 Sep 2010

Supercorp has set up automated data feeds with Macquarie Cash Management Accounts and its SMSF administration software.

Superannuation software specialist Supercorp has established a relationship with Macquarie Adviser Services that will see automated data feeds and interfaces made available to the organisation's specialist self-managed super fund (SMSF) administration application superMate.

The initial automated data feed will see information regarding transactions from individual's Macquarie Cash Management Accounts transferred directly into the superMate system.

The facitlity has been in development for nine months.

Under the arrangement the automatic data feeds from the Macquarie Cash Management Accounts will occur every night into superMate with each transaction being matched and cleared as part of the process.

The arrangement means only transactions listed as exceptions will have to be examined manually.

"At Macquarie Adviser Services we are always looking for ways to make daily administrative tasks easier for advisers and to enhance client service, so we're delighted that through working with Supercorp on this process we have been able to improve efficiency, accuracy and ultimately productivity for advisers," Macquarie Adviser Services head Tony Graham said.

Following on from the Macquarie Cash Management Account data feeds will be the establishment of an interface between Macquarie Wrap and superMate.

According to Macquarie this will be made available shortly and will include automated sales rules and improved access to information for asset holdings on the investment platform.

Supercorp chief executive Kurt Groeneveld said his firm was very excited to have teamed up with Macquarie Adviser Services.

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