Bravura Solutions said Sonata will provide Trustees Executors with enhanced registry proposition, greater efficiency, improved services and better web-enabled to data and functionality.
Trustees Executors chief executive Tom Hoey said “Sonata’s functionality and its strong presence in the New Zealand market” were key factors in making the selection.
“Sonata provides us with a modern, scalable solution and supports a broad range of New Zealand market requirements, including KiwiSaver, PIEs and unit trusts,” said Mr Hoey.
“The provision of 24/7 web access to customers requires high levels of technology integration, infrastructure, support and management, so Bravura’s ability to provide Sonata through a ‘software as a service’ model was key in our selection.”
Mr Hoey said the software also enables Trustees Executors to focus on its core business.
“The arrangement also means that the software and infrastructure supporting our registry business will be expertly managed by Bravura – the same team that developed and implemented Sonata,” he said.
