VicSuper has become the first superannuation fund in Australia to go 'live' with Bravura's administration platform, Sonata.
Sonata is an administration system that provides a consolidated view of member data, a statement issued by VicSuper said.
VicSuper chief executive officer Michael Dundon said: “We chose Sonata as it not only reduces the number of systems we use, but helps optimise our business processes, so we can better service our members and reduce operating costs.
“VicSuper is now using the most contemporary, best-practice system in the industry … We intend to keep innovating and to continuously enhance the products and services we offer our members,” said Mr Dundon.
Bravura APAC chief operating officer Jason Tong said: “We are extremely pleased to have VicSuper as our first Australian superannuation client live on the Sonata platform.
“We are confident that this investment in modern systems positions VicSuper well to drive and manage future growth,” he said.
VicSuper began improving its systems and technology in October 2013 by updating the fund’s public website.
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