Bravura Solutions secures a further three year contract with StatewideSuper

Sydney - 18 July 2012

Bravura Solutions Limited (Bravura) (ASX: BVA), a leading global supplier of transfer agency and wealth management software applications and professional services, is pleased to announce that existing client, StatewideSuper, the industry superannuation fund for South Australians, has signed a further three year contract to commit to Bravura’s Talisman, SuperB and ePASS superannuation solutions, including Bravura’s contribution clearing house.

StatewideSuper’s web portal is powered by ePASS, which provides a wide range of self-service transactions and reports for its members and employers, delivering reduced costs and ultimately facilitating better relationships with employers across South Australia. Through a simple to use web based interface, ePASS’ clearing house enables employers to submit all of their choice contributions and meet their SuperStream obligations.

Nicolle Rantanen, Chief Operating Officer, StatewideSuper said, “ePASS provides the efficiency we need to effectively service our members and employers and deliver quality, low-cost super products that are easy to understand and offer a choice of investment options.

“Using a combination of Bravura’s administration platforms, StatewideSuper can administer virtually any type of superannuation or retirement income product. ePASS’ electronic clearing house allows our employers to submit contributions for any fund in any format.”

Jason Tong, Chief Operating Officer – Wealth Management, Bravura said, “Today, in addition to high levels of accuracy, the industry demands straight through, web enabled interaction. ePASS allows StatewideSuper to deliver the high quality single point solution employers require, cementing their brand loyalty.

“This contract extends our existing 12 year partnership with StatewideSuper, standing testament to the strength of our relationship and the quality of Bravura’s product offering. We are proud to continue to serve StatewideSuper with functionally rich solutions, enabling it to deliver market leading products and services to its clients”.

Bravura’s ePASS is a highly configurable eBusiness solution that provides straight through processing for employer contributions and member transaction capabilities for a range of savings and retirement products. It can be successfully utilised in a single product or single administration system setting, or can be used in more complex set-ups with multiple products and systems. ePASS’ member web interface can also be built for access by mobile devices.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development