SYDNEY, 27 March 2025 – GoldenSource has introduced a new benchmark for Australian superannuation funds with the implementation of an investment enterprise data management platform to support Aware Super, in the total portfolio management of its more than A$190 billion portfolio.
As current growth projections predict Australia will become the second-largest pension market globally by 2030, GoldenSource and Aware Super have established the new benchmark to elevate operational and technological solutions to meet new sector demands.
The enterprise data management platform completes the first phase of what the Australian super fund has called Project Odin, a digital transformation initiative aimed at creating the next-generation internal investment management solution.
With exponential growth in inflows and the Superannuation Guarantee (SG) contribution rate rising further to 12% on July 1st 2025, this expansion of the Australian superannuation industry shows no signs of slowing. As such, there is a greater need than ever to ensure sophisticated, reliable and highly effective infrastructure is in place to handle the large amounts of capital.
The deployment of GoldenSource’s data management software as a service (SaaS) solution provides Aware Super with a foundational investment data management infrastructure. It will further allow Aware Super to evolve and scale investment operations safely in step with the Fund’s projected growth. GoldenSource’s efficient investment data management operation will also enable Aware Super to meet the ever evolving and increasing demands of multi-regulatory compliance and reporting obligations.
GoldenSource is an independent provider of a cloud-based software-as-a-service (SaaS) data management solution with over 40 years’ experience in the financial services sector in markets around the world.
James Corrigan, CEO at GoldenSource, said: “We’re excited to be playing a role in progressing Project Odin, and contributing to new benchmarks for the digital transformation of Australia’s superannuation industry. Superannuation funds must navigate an increasingly complex landscape—not just in regulatory compliance, but also in operational efficiency and scalability. By leveraging advanced data management, funds can optimize workflows, improve decision-making, and enhance member services, all while strengthening their digital capabilities for future growth.”
Michael Clavin, Aware Super Head of Income and Markets and sponsor of Project Odin, said having a reliable and trusted source of investment data for Aware Super’s new investment solutions is the bedrock of Aware Super’s investment management capability uplift. He said: “Partnering with Golden Source has produced the strong foundations of a sophisticated data platform which will not only enable us to stay competitive in a fast-evolving landscape, but maintain our focus on returning the strongest possible risk adjusted returns for our 1.15 million members.
“Project Odin does and will continue to play a crucial role in our global growth strategy, especially as the industry’s evolution has reinforced the significant need for reliable and easily accessible data at both fund and plan levels.
“We’re excited to move forward with the next phase of this initiative to further enhance our investment capabilities with the new platform and to reap the benefits of digital innovation on behalf of our members.”
Project Odin is a multi-year transformation, with the implementation of the enterprise data management platform originally taking place in March 2024 and the subsequent integration of the super funds’ performance, attribution analytics and reporting tool in September 2024.
Incorporating a cohesive investment data management and analytics strategy is necessary for the centerpiece implementation of our new investment management platform, enabling our ‘whole of fund’ view of our public and private markets investments. The cloud-hosted nature of the platforms provides the ability to safely scale up or down depending on market conditions.
About GoldenSource
GoldenSource is the leading independent provider of E-/MDM software and cloud-based EDM services. For 40 years, we’ve exclusively served financial institutions seeking to achieve data mastery and rapidly hydrate cloud data warehouses.
Effective data management has never been more critical for today’s financial services industry. Our goal: to enable risk mitigation and compliance while supporting data analytics that fuel insight-driven business growth.
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