Bravura signs contract with Aware Super
Financial services software provider Bravura has signed Aware Super (formerly First State Super) to a long-term contract for the implementation of Bravura products, including Sonata Alta.
The contract was for an initial term of seven years and would include Sonata Alta, AdviceOS, Babel SuperStream messaging, and member and adviser digital offerings. Bravura would also provide a dedicated Sonata Alta support team.
Sonata Alta was a digital-first operating model, underpinned by Bravura’s Sonata platform and its business process automation as a service (BPaaS) platform provided clients control over their customers’ data, operations and end customer experiences.
Deanne Stewart, Aware Super chief executive, said: “After a rigorous selection process, Aware Super selected Bravura as its technology partner for this key initiative. We look forward to working closely with Bravura to deliver exceptional outcomes for our members”.
Tony Klim, Bravura Solutions chief executive, said: “We are delighted to provide Bravura’s world-class technology to Aware Super. Sonata Alta and Bravura’s ecosystem of products are ideally suited to providing Aware Super unprecedented control, flexibility and a highly personalised member experience at scale to support their members for and in retirement”.
Recommended for you
Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
The ATO has revealed nearly $19 billion in lost and unclaimed super, urging over 7 million Australians to reclaim their savings.
The industry super fund has launched a new digital experience designed to make retirement preparation simpler and more personalised for its members.
A hold in the cash rate during the upcoming November monetary policy meeting appears to now be a certainty off the back of skyrocketing inflation during the September quarter.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
120.73 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
