The new owner of AdminPARTNERS, an administration software provider to medium-sized superannuation funds, has increased the vendor’s headcount while also beefing up its systems. Queensland Trustees & Investment (QTI), which bought the software provider last year, has enabled the company to appoint two senior analysts to its business and a managing director to partner company Supernet.
AdminPARTNERS builds online administration systems for its target market: funds with between 20,000 and 30,000 members and up to $1 billion in funds under management. The recent recruits to the vendor are Chris Beckman, who joined from Financial IQ as a senior business analyst and compliance officer, while Nick Maria was taken on as a senior analyst programmer.
Janelle McAliece was appointed managing director of Supernet, a quality assurance and business process documentation specialist which linked with AdminPARTNERS in 2000. The software provider has also revamped its backend database, enabling it to process batch jobs 60 per cent faster. AdminPARTNERS’ managing director, John Donovan, said more planned upgrades would improve the performance and security of its products. AdminPARTNERS began business in 1999 under the name GPEN, which it held until it was acquired by QTI. The business is run from Melbourne.