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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.
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