Sydney: Bravura Solutions (Bravura) today announced that BestServe Financial Limited (BestServe), the Hong Kong-based pensions administration member of Canadaâs Sun Life Financial group of companies, has renewed its license for Bravuraâs superannuation application, SuperB, for another five years.
Mr Yam Chi-fai, Senior Vice President, Operations, Group & Pensions of Sun Life Financial Hong Kong part of Sun Life Financial Group of Companies said Bravuraâs SuperB application has provided superior product functionality for our back office and online presence.
âThe softwareâs high level of flexibility has enabled us not only to customise the SuperB application to cater for the Hong Kong market, but to administer two distinct pension markets: new Mandatory Provident Fund (MPF) and existing private funds under old legislation (Occupational Retirement Scheme Ordinance).â
âThe Bravura team has provided BestServe with outstanding support enabling us to be one of Hong Kongâs largest pension administrators,â Mr Chi-fai said.
SuperB was originally chosen by BestServe for its ability to manage its business under Hong Kongâs Mandatory Provident Fund Schemes legislation.
âBestServe is one of Hong Kongâs largest providers of pension administration, administering more than HK$15 billion for over 300,000 customers. Bravura is delighted BestServe has renewed its license for another five yearsâ, said Iain Dunstan, Chief Executive Officer of Bravura Solutions.
âBestServe is a longstanding customer of Bravura and we look forward to supporting BestServeâs customers and business with superannuation applications,â Mr Dunstan said.