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Trustees Executors extends Bravura connection

Trustees Executors has extended its partnership with ASX-listed software provider Bravura, which includes an upgrade to the latest version of Bravura’s Sonata platform.

Wednesday, July 1st 2020, 9:10PM

Trustees Executors is the largest provider of outsourced back office investment administration in New Zealand, with more than $30 billion in funds under management.

Trustees Executors will leverage Sonata to underpin its digital and growth strategy.

The strategic partnership sees Trustees Executors continue its digital transformation journey. Sonata will provide the foundation to support Trustees Executors in transforming into a fully data-driven organisation that changes the way it services its clients.

The upgrade to Sonata version 9.9 will deliver major benefits for Trustees Executors, including enhanced service delivery, operational efficiencies, and new and innovative real-time digital offerings to customers. It incorporates major functional and technical enhancements across member and investor functionality, products and legislation.

The upgrade will deliver key functionality, including an improved self-servicing and straight-through-processing experience, and access to an extensive library of API web services. Platform security will also be greatly enhanced, with Sonata being hosted and managed by Bravura via the AWS cloud.

By becoming the trusted partner in the provision of data services, Trustees Executors’ ambition is to become the administrator of choice for New Zealand's growing financial services sector.

Ryan Bessemer, chief executive at Trustees Executors said: “We are excited to continue this strategic, long-standing partnership with Bravura. As a data-driven organisation, Trustees Executors has an ambitious transformation and growth agenda that is underpinned by the latest technology. We aim to be a leader in our chosen markets, retain and attract new clients, and leverage new digital technologies. Bravura is well-positioned to support Trustees Executors to realise future growth opportunities.”

Tags: Trustees Executors

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ANZ 4.44 3.15 3.25 3.39
ANZ Special - 2.55 2.69 2.79
ASB Bank 4.45 2.55 2.69 2.79
Bluestone 3.49 3.49 3.49 3.49
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BNZ - Mortgage One 5.15 - - -
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China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
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HSBC Premier LVR > 80% - - - -
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HSBC Special - - - -
ICBC 3.69 2.45 2.65 2.79
Kainga Ora 4.43 2.93 3.07 3.24
Kiwibank 3.40 3.30 3.54 3.54
Kiwibank - Offset 3.40 - - -
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Liberty 5.69 - - -
Nelson Building Society 4.95 3.45 3.49 -
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SBS Bank Special - 2.55 2.49 2.49
The Co-operative Bank - Owner Occ 4.40 2.55 2.69 2.79
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Last updated: 16 October 2020 9:35am

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