Newly-merged fund Energy Super has appointed financial services technology firm Financial Synergy to deliver its administration platform.
Energy Super has outsourced its administration to Independent Fund Administrators and Advisers (IFAA), which will be delivered using Financial Synergy’s Acurity software.
Energy Super chief executive Robyn Petrou said the delivery of a cost-effective and efficient administration system was crucial to maximising the benefits and efficiencies from the merger.
“Financial Synergy understands our industry and our need for an end-to-end administration solution which can grow and adapt as we do,” Petrou said.
The merged fund launched in April 2011 — a combination of ESI Super and SPEC Super — and now manages $3.8 billion.
