Case Study: a diversified financial services provider achieves automated superannuation portability reporting with SolveXia

How a diversified financial services provider used SolveXia's solution to fix its superannuation reporting problem

The diversified financial services provider faced a manual and high-risk process for identifying superannuation members with illiquid assets to meet regulatory portability reporting. They turned to SolveXia to automate this complex task, which was previously reliant on spreadsheets and key staff, creating a significant potential for human error and compliance breaches.

SolveXia implemented an automated solution that combines four data sets to check over 500,000 asset holdings. The end-to-end process, which now completes in under three minutes, produces exception reports for the administration team to action. This provided the customer with consistent, reliable processing and freed staff to focus on analysis, with the entire solution configured in less than ten days of effort.