Clearinghouse SuperChoice has announced it will partner with back-office administration provider SuperBPO to deliver payment infrastructure support for clients.
SuperBPO is the newly re-branded institutional arm of Mainstream BPO which provides member administration, unit pricing and accounting services to super funds.
SuperBPO chief executive Michael Houlihan said the partnership will streamline back-office activities for SuperBPO and increase focus on other value-added and front-office services.
“We see opportunities in the market with many larger super funds taking a hands-off approach to servicing employers struggling with administering choice-of-funds.”
SuperChoice general manager Mike Fielding said his company had chosen to work with SuperBPO as they had an existing non-cash payment licence and other clearing house infrastructure.
“So it made sense for them to stay front and centre in servicing their fund and employer clients,” Fielding said.
