Bravura inks advice, admin deal with Aware Super

In a statement to the market on Tuesday, Bravura said it had secured an agreement with Aware Super to support the administration of member retirement savings through its processing software Sonata Alta and provide member and adviser digital offerings through its advice technology platform, AdviceOS.

The initial contract term of the agreement was seven years and Bravura would be providing a support team as part of the deal, the group said.

“We are delighted to provide Bravura’s world-class technology to Aware Super,” Bravura chief executive 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.”

Aware Super chief executive Deanne Stewart said the fund had chosen Bravura as its technology partner after “a rigorous selection process”.

“We look forward to working closely with Bravura to deliver exceptional outcomes for our members,” Ms Stewart said.