SS&C’s Australian client base exceeds 2 million via REI deal

Binaya Dahal

Editorial Intern, Financial Newswire

20 February 2026

SS&C Technologies says its Australian super and wealth client base has surpassed two million following the onboarding of 24,000 members from REI Super, and the deal has expanded its total funds under administration to $296 billion.

The Nasdaq-listed software giant secured the mandate to administer the real estate industry fund in May 2025 following what it claimed was a competitive tender process.

The firm, which entered the Australian superannuation administration market through Mine Super, became a key player in the industry after it struck an agreement with Insignia Financial in 2024, with more than 1,000 staff transferring to SS&C as part of the deal.

Collectively, the three funds oversee more than $150 billion in retirement savings.

Head of Global Investor and Distribution Solutions at SS&C Australia, Shaun McKenna said the team was pleased to have successfully onboarded REI’s members quickly and efficiently.

“By combining local expertise and close collaboration across all parties, we were able to minimise the limited-service period and accelerate time to value while servicing members,” he said.

“REI will benefit from our secure private cloud infrastructure, 24/7 operational monitoring and AI-enabled automation capabilities.”

Furthermore, SS&C has said REI members will gain access to its modern member engagement portal and on-demand support through its locally based contact centre.

Chief Executive Officer at REI Super, Jarrod Coysh said the transition marks a new era for the fund.

“As one of the longest-standing super funds in Australia, we’re proud to have delivered results for our members for more than 50 years,” he said.

“When the time came to select a new administrator to support our members, SS&C was the clear choice given their strong track record and dedication to using emerging technologies to improve the member experience.

“Transitioning member accounts and data can be complex and time-consuming. SS&C’s team made the process smooth and straightforward, ensuring continuity of service and peace of mind for our members during the migration.”