Catholic Super is a 40-year-old industry superannuation fund with approximately 70,000 members. As at 31st May, 2011 Catholic Super had over $4 billion in funds under management and returns all profits to its members. The Trustee has a strong focus on compliance and risk management and engaged Professional Financial Solutions (PFS) to implement a risk and compliance monitoring system
PFS implemented the ‘3 Steps to Effective Compliance’ program, a solution that combines PFS’ expertise in governance, risk, and compliance and Tickit Systems, risk and compliance software. The Trustee’s current risk and compliance framework were reviewed and Tickit On Demand, an effective and easy to use, Risk, Compliance & Incident management software was implemented. PFS now provides ongoing support for the Trustee’s risk and compliance program.
Joe Farrugia, Company Secretary at Catholic Super says of the solution:
“With the significant growth of our business, we needed a software system to centralize and enhance risk management and compliance monitoring and reporting across the various areas of our operations, together with providing flexibility to tailor the system accordingly to suit our specific requirements. Tickit on Demand has met all our current needs and we know that it can be adapted to handle any future changes.”
Professional Financial Solutions is a leading Financial Services consultancy that provides a range of services related to governance, compliance and licensing.
Tickit On Demand is an award winning risk, compliance, incident and audit management software from Tickit Systems Pty. Ltd. We provide our clients with an intuitive, easy to use software, with crisp, clean design and essential features.
If you would like to know more about the ‘3 Steps to Effective Compliance’ program for superannuation funds, please contact Simone Knight of PFS on (02) 9225 6107 or Tickit Systems on (02) 8831 6395.
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