Superannuation is changing faster than ever before
The Association of Superannuation Funds of Australia (ASFA) and KPMG both forecast that merger activity will see the superannuation industry halve over the next decade. This, along with major disruptions and new challenges brought about as a result of COVID-19, not to mention increased regulation from APRA, indicate an era of significant change for Super funds. Having a trusted, agile and mature IT Managed Services partner to guide and work with your teams throughout this transformative period, has never been more critical.
The impact of M&A transformation on the Superannuation industry
Read the KPMG industry analysis on how merger activity is disrupting the market, and the impact it has on funds.
COVID-19: Implications for the superannuation industry
Learn about the key issues brought about from the global pandemic, along with strategies to effectively respond in a rapidly evolving environment.
If you’re not prepared for a merger and its flow-on impacts to your people and the technology they rely on, the facts show that your closest competitors are! Speak to our team of experts today, to align your technology strategy and resources for the shift that’s coming.
Our Superannuation clients
Staying compliant with APRA regulations
New regulations brought on from the Royal Commission and the APRA inquiry, along with increasing expectations from members, have meant that firms need to rethink how they deliver their services. These compliance requirements drive a high degree of risk management and due diligence when selecting technologies and partners. Learn how Brennan IT has helped super funds implement these mandatory best practices.
CPS 234: Information Security
Since July 2019, all Superannuation funds must comply with the APRA Prudential Standard CPS 234, around information security. To find out exactly what you need to do to comply with this standard, click below for more info.
CPS 232: Business Continuity
This Prudential Standard mandates that Superannuation funds must always maintain an up-to-date business continuity plan that is whole-of-business and is appropriate to the size, mix and complexity of the fund’s operations. Find out exactly what you need to do to comply with this standard
CPS 231: Due Diligence on Outsourcing
Superannuation funds must comply with the APRA Prudential Standard CPS 231 Outsourcing when outsourcing a material business activity — any activity that has the potential, if disrupted, to have a significant impact on the financial institution’s business operations or ability to manage its risks effectively.
How Brennan IT help Superannuation funds
We are specialists in providing ICT services to the Superannuation industry, with a strong track record of helping funds uplift and mature their IT environment. We build and manage customised solutions in order to deliver business continuity, security and compliance, in line with recommendations from the Royal Commission and evolving APRA regulations.
As Australia’s leading Managed Service Provider for 10 years consecutively, we have been delivering secure technology services to businesses for over 20 years. Early on, we recognised that for organisations to truly benefit from technology they need expertise in every ICT function and keep up with the rapid pace of change – an impossible task for most. Our approach to Superannuation IT Services simple: we aim to make our clients’ lives easier, by removing technology challenges and allowing them to focus on what they do best: their business.
Regulatory compliance assessments to ensure you are fully covered under APRA
Our IaaS platform comes with a secondary backup solution as standard
Both our cloud platform and service desk are based in Australia
Our Security Guarantee offers complete protection with a cash-back rebate
What are the next steps?
Speak to us today to book in a discovery meeting with our experts and find out how your business can become fully APRA compliant.
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