POWERED BY MOMENTUM MEDIA
Statewide signs for three more years with Bravura
Statewide Super will stick with Bravura Solutions for the next three years after extending its contract for ePASS, Talisman and SuperB administration software and the software provider's contribution clearing house.
The super fund is also currently undertaking a major relief upgrade of Bravura's software, which will enhance data transfer capabilities.
StatewideSuper's chief operating officer Nicolle Rantanen said the combination of administration platforms allowed the super fund to administer any type of superannuation or retirement income product.
Talisman is the software provider's retirement product platform, while SuperB deals with accumulation phase products and defined benefit schemes, according to Jason Tong, chief operating officer for wealth management, Bravura.
The SuperStream compliant ePASS platform provides a range of self-service transactions and reports for members and employers through a web-based interface, Bravura said.
Employers can submit choice contributions for any fund in any format which was a key component in the software provider's value proposition, Tong said.
He said in responding to industry demand for not only accuracy but "straight-through, web enabled interaction", the software allows super funds to develop brand loyalty with employers.
In March, Russell Investments implemented ePASS to facilitate processing for Prime Super.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
