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TCS to provide technology for top Australian pension fund operator news
12 December 2008

Tata Consultancy Services Limited (TCS) has been chosen as prime systems integrator for a new core administration platform at Superpartners, the largest retirement fund administrator in Australia.

The project is expected to be completed in less than 15 months, TCS said in a release, without giving the value of the contract.

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 for Superpartners' business transformation programme, the release said.

''In a fiercely competitive market we needed to undertake the current business transformation programme to remain cost competitive. However, for an implementation that is delivered on time, working with an expert, who has proven global delivery capability and expertise was critical,'' said Greg Camm, CEO of Superpartners.

''After an aggressive due diligence process we concluded that TCS emerged on top as the best system integrator for the administration platform,'' he added.

''We are excited to work with Superpartners because of the scale and complexity of this implementation coupled with the tight timeframe. It underscores TCS' extensive domain and delivery capabilities that bring certainty to our projects and quantum benefits to our clients. We look forward to working with Superpartners and adding value to them by shortening the time to market, leveraging our global proven technology and domain expertise,'' said Girija Pande, EVP and head, TCS Asia Pacific.

Superpartners, which administers 16 industry retirement funds, will use the new platform to integrate clients into the 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.

The firm employs over 1,500 people across Australia. Superpartners has embarked on a transformation programme costing A$ 70 million and spread over 12 months.

TCS' Global Network Delivery Model is a collaborative, best-in-class framework of people, processes and infrastructure. The model taps on TCS' global intellectual assets of tools, methodologies and products to help customers reduce implementation time, realise benefits quicker and achieve business goals.

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TCS to provide technology for top Australian pension fund operator