Lysa McKenna
MUFG Pension & Market Services (“MPMS”) is pleased to announce the successful onboarding of Perpetual Investment Management Limited (“Perpetual”) as its first group-wide client, marking a major milestone in its strategic growth journey. Perpetual has engaged the firm’s investor and member administration services across both its MUFG Corporate Markets and MUFG Retirement Solutions businesses.
The engagement includes unlisted registry, listed registry, corporate registry and exchange traded products from MUFG Corporate Markets business, as well as superannuation administration services from MUFG Retirement Solutions. The program culminates a pivotal transformation and migration effort led by the firm’s multi-disciplinary teams in MUFG Corporate Markets and MUFG Retirement Solutions.
Over the course of this complex delivery, MPMS successfully migrated a significant unlisted registry transition. This initiative included the development of significant new functionality, and the enhancement of its online portals.
In addition, MPMS migrated member accounts across multiple superannuation and pension plans, demonstrating its ability to deliver a full administration service to advice-led retail superannuation funds.
“This achievement reflects the deep capability and commitment of our people. Welcoming Perpetual as our first group-wide client continues to highlight our ability to deliver integrated, large-scale solutions that not only serve current needs but also set the stage for future growth,” said Lysa McKenna, CEO, MUFG Corporate Markets. “The foundations laid through this program will strengthen the platform we offer to new clients across the market and allows us to scale readily as we on-board further cross-divisional clients in the future.”
“We are excited to be working with MUFG Pension & Market Services and are pleased with the execution of this migration,” said Daren Donnellan, Perpetual Chief Operating Officer, Australia. “In selecting MUFG for this complex transition, Perpetual receives a number of benefits including administrative maturity, deep client base and broad service offering. We look forward to building on this strong partnership to support our broader business goals.”