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Macquarie integrates with superMate

Macquarie integrates with superMate

10 September 2010

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Macquarie Adviser Services and Supercorp Technology have integrated software to automate and streamline self-managed super fund (SMSF) transaction data.

Supercorp has enhanced its superMate SMSF administration software to automatically link with Macquarie’s Cash Management Account.

The head of Macquarie Adviser Services, Tony Graham, said superMate would help streamline an adviser's business as information is automatically coded into the correct revenue or expense account. He said this would “significantly” reduce the errors that can occur with manual processing.

Chief executive Kurt Groeneveld said Supercorp was looking forward to working with Macquarie Adviser Services to further tailor superMate to meet the needs of its clients.

SuperMate was launched in September 2009 and over 2,000 SMSFs were using it by the following February, Supercorp stated.

The software enables SMSF trustees and their advisers to view valuation and asset allocation information 24 hours a day via secure Internet access.