ura Solutions has announced the upgrade of a number of clients to the New Zealand Government's workplace savings scheme, KiwiSaver.
The clients, ASB and Trustees Executors, have now been upgraded to the KiwiSaver-compliant version 3.4 of the Talisman application.
The upgrades ensured Bravura's New Zealand customers were fully compliant with the new legislation in time for the July 1 deadline.
The application upgrade delivers customers a client-centric solution for administering personal retirement savings, investment and risk products.
This KiwiSaver component of Talisman is the first part of a two-phase process.
The second phase, which will occur prior to October, will deliver customers additional KiwiSaver and new portfolio investment entity (PIE) capabilities.