LUCRF anticipates that the implementation of DST Bluedoor’s software will increase productivity, especially within areas of members contribution processing and the maintenance of member’s accounts, according to a statement issued yesterday..
DST Bluedoor chief executive Martin Spedding said LUCRF’s decision to choose its technology has allowed them to gain a competitive edge over other super funds.
“LUCRF has used the DST Bluedoor platform to implement key SuperStream regulatory changes and improve overall efficiency and productivity,” said Mr Spedding.
DST Bluedoor has separately developed a messaging gateway and clearing house solution for LUCRF, enabling the fund to run its own gateway and clearing house and integrate those processes to the employers at no cost.
“Bluedoor SuperStream’s extremely flexible design removes the need for organisations to depend on the bespoke applications by delivering a complete messaging infrastructure,” said Mr Spedding.
LUCRF Super chief executive Greg Sword said the super fund is forging ahead with the use of DST Bluedoor’s technology.
“We’ve adopted the DST Blue Door technology at a much less cost than if we outsourced these solutions and, just as importantly, we can control the quality of our operations,” he added.
“This means that we can make payments for employers to funds according to SuperStream regulations, which makes it much easier for employers to work with LUCRF and comply with SuperStream,” said Mr Sword.
