Melbourne, 27th March 2018: Mclowd, the pioneering SMSF software and practitioner marketplace, has taken a significant step forward towards its mission to transform the SMSF landscape with the announcement that Brisbane-based administration firm Super Plus are migrating hundreds of clients to the platform as part of a five year agreement.

Speaking of his decision, Super Plus Managing Director, Phillip Whiteley, said “We are delighted to be at the vanguard of a new model of innovation, which offers Super Plus the opportunity to help shape the evolution of the software on an ongoing basis.

“This move will also reduce our prospective licensing costs by more than $33,000 per annum.

“As the needs and expectations of our clients evolve we need progressive partners to give us the edge. In that context, the shift to Mclowd is a no-brainer.”

The Mclowd platform has been developed in pure agile fashion, using a decentralised and sustainably low-cost model. The product roadmap is defined by the Community and with thousands of active users, the delivery of new features continues to accelerate.

The Mclowd Marketplace provides a crowd-sourcing platform for trustees and practitioners that is driving up quality and driving down cost.

Mclowd founder and Managing Director, Ashley Porter, said “We welcome Super Plus to the Mclowd Community and it is a signpost to future expansion that someone of Phillip Whiteley’s stature has this level of confidence.

“The old software vendor model, epitomised in this market by BGL and Class, is being replaced around the world by truly democratic, customer-driven platforms, operated at ultralow cost, like Mclowd. With savings of up to 90% we expect more and more firms to follow Super Plus’ lead, and with that the power of the Community and the Marketplace becomes unstoppable.”

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Media Enquiries:

Chris Thornton 0403 940 537
Ashley Porter