Axway has won the contract to govern the flow of data for superannuation company Superchoice, ensuring it complies with Australian Taxation Office requirements.
Data flow governance company Axway secured the contract due to what it describes as its ability to develop a business-to-business (B2B) platform capable of addressing all information interactions and integrations.
Eric Chevrier, EVP, Sales & Operations, Growth Markets, Axway, said that his company is proud to be helping SuperChoice fulfill its regulatory obligations.
"Axway is proud to deliver and enable the secure, reliable and high-availability 24/7, always-on infrastructure essential for the funds and clearing houses to deliver and maintain trust in the Australian superannuation system.”
Superchoice is the provider of superannuation clearing house services, rollovers and online contribution processing systems in Australia, and needed to build a clearance and payment gateway to comply with the Australian Tax Office’s (ATO) superannuation program, SuperStream.
The Axway 5 Suite supports high volume SuperStream message management for straight-through processing of fund rollovers and contributions.
SuperChoice CIO, Ian Gibson, said the product has out-of-the box support for all the industry's common formats.
“Using the Axway 5 Suite, we can consolidate all our disparate point-to-point connections into one platform, both simplifying and improving operations management while reducing the cost of managing customers," he said.
“With Axway as our SuperStream partner, we can focus on our core mission to completely automate superannuation and pension transactions, confident in the knowledge that Axway is focused on the information exchange platform and standards compliance as they evolve."
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