Bravura launches member direct broker services

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Bravura Solutions Limited (Bravura) announced that it can now deliver software solutions to meet the growing need for broader asset coverage within the superannuation environment, through the integration of member direct broker services for superannuation and pension funds.

The new modules within Bravura’s superannuation administration systems, Calibre and SuperB, and native functionality within Sonata allow funds to separately account for member direct assets and connect easily with any third party broker for execution, tax and asset administration. Services can integrate with Bravura’s ePASS online portal or can be integrated with third party online portals.

Jason Tong, Bravura’s Chief Operating Officer – APAC said, “The new services and modules help our clients extend the range of investment options needed to meet higher member expectations for choice and flexibility.

“The demand by members for greater control of investments, within both superannuation and pensions, has led to the need for capabilities to help funds and administrators deliver more sophisticated services to clients. Our new services aid funds and administrators in providing their members with this control, and offer a lower cost alternative to an SMSF”.

Sonata provides an integrated administration solution for superannuation, pensions, life insurance, trust and wrap products. It delivers web access, workflow and real-time straight through processing.

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