WHAT IS SUPERANNUATION ?
115 end up spending tens of millions of dollars on to keep functioning .
Recreo has spent the past few years developing the world ’ s first cloudnative , SaaS-based superannuation administration platform : OneTrust . Built on a unified Microsoft technology stack and hosted by Amazon Web Services ( AWS ), OneTrust is the first truly modern , digital solution to enter the superannuation industry . “ What Recreo is offering is a clean slate . We ’ ve built a platform that ’ s free of historical complexity , that meets modern standards and provides the functionality trustees and fund administrators need to meet future challenges ,” says Renoux .
We spoke with Gionis and Renoux to find out more about Recreo ’ s ambitious , disruptive project , the challenges they faced along the way , and what ’ s next for the company poised to change the face of superannuation forever .
WHAT IS SUPERANNUATION ?
Created in 1992 , superannuation is a compulsory employer and employee contribution scheme designed to provide income streams and lump sum payments to retirees . It ’ s similar
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