Suncorp Life is a leading provider of life insurance, superannuation and retirement products, managed investments and other risk protection products. In 2004 Suncorp Life released Requests for Proposal (RFP’s) to cover key functional areas of their business, across front, middle and back-office.
Milestone Group’s pControl Business Application Platform was chosen to become the architectural core incorporating Milestone Group’s data management, reconciliations, unit pricing, cash allocation and rebalancing and order management for unlisted investments. These solutions needed to interoperate with the groups’ existing inhouse and third party systems, processes and data feeds.
A 50% reduction in work and an improvement in service delivery were significant outcomes for the team.