Sunsuper Expands its Use of SunGard’s Omni to Enhance Retirement Administration Operations

Birmingham, AL - 6 May 2009

Sunsuper, one of Australia’s leading superannuation funds, is expanding its use of SunGard’s Omni for recordkeeping and administration to help create greater efficiencies, reduce costs associated with internal development and speed time-to-market for new services to its members. With more than one million members and around $12 billion funds under management, Sunsuper will also enhance its workflow and reporting analytics through the implementation of SunGard’s Infinity Content Manager*. Together, these SunGard solutions will help streamline and automate Sunsuper’s retirement servicing operations.

Tony Lally, chief executive officer of Sunsuper, said, “Our members are the real winners of our SunGard solution expansion. Using SunGard’s technology, our goal is to provide a more personalized, tailored service for members, quicker inquiry response times, better, more efficient online services, as well as new online self-service features. In addition, SunGard will help us create a back-office IT infrastructure to better support our member and client services initiatives.”

Sunsuper will deploy SunGard Omni’s Enterprise Solutions Framework (ESF), a multi-tiered application that helps lower the cost and complexity of Web development and ultimately helps create more flexible client-servicing platforms and speed time to market for new product offerings. For example, Sunsuper will utilize the event modeling capabilities of ESF to provide intuitive, Web-enabled access to complex transaction calculations for displaying available client funds.

“SunGard’s integrated solutions help leading retirement service providers like Sunsuper achieve greater operational efficiencies, improve their clients’ experience and lower their total cost of ownership. Sunsuper’s strategic investment in a platform will help yield value to their members,” said Kevin Rafferty, president of SunGard’s wealth management business.”

* SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components to form a new software development and on-demand delivery environment called Infinity. Infinity helps enable financial institutions to develop and deploy custom applications, integrating SunGard components with their own proprietary or third party components. Infinity uses SunGard's Common Services Architecture (CSA), a service-oriented architecture (SOA) development framework, offering business process management (BPM) and a virtualized, software-as-a-service (SaaS) infrastructure.

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