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- Wealth management software solutions company Bravura Solutions (BVS) has signed a seven-year contract with superannuation fund Aware Super
- Bravura’s technology will provide Aware the power to control its mission-critical operations, this includes the administration of retirement savings of its members
- Under the contract, Aware will create an integrated ecosystem of Bravura products
- Aware Super is Australia’s second-largest superannuation fund which manages around $130 billion in retirement savings for more than one million members
- On the market this afternoon, Bravura is down 5.61 per cent and is trading for $3.12 per share
Bravura Solutions (BVS) has signed a seven-year contract with superannuation fund Aware Super.
Under the contract, Bravura will provide Aware the technology to power its mission-critical operations, which supports the administration of retirement savings of its members.
Aware will implement an integrated ecosystem of Bravura products, underpinned by Sonata Alta.
Sonata Alta is a new digital-first operating model and is a by-product from the highly regarded Sonata platform. Sonata Alta’s Business Process Automation as a Service (BPaaS) provides clients with control of personal data and information, operations and end customer experiences.
Additionally, Bravura will provide a Sonata Alta support team.
“We are delighted to provide Bravura’s world-class technology to Aware Super,” Bravura CEO Tony Klim said.
“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,” he added.
Aware Super is Australia’s second largest superannuation fund and manages around $130 billion in retirement savings for more than one million members.
“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 member,” Aware CEO Deanne Stewart said.
On the market this afternoon, Bravura is down 5.61 per cent and is trading for $3.12 per share at 1:53 pm AEDT.
