Bravura Solutions secures new super client, Pillar

06 May 2008 Bravura Solutions secures new super client, Pillar

Sydney, 6 May 2008 (ASX: BVA) – Bravura Solutions Limited (Bravura) – a leading global supplier of wealth management applications and professional services – announced today that it has forged a new relationship with superannuation administration solutions company, Pillar Administration, who have agreed to sign an initial three-year contract.

Pillar Administration has close to 100 years experience managing 1.5 million member accounts and offering a broad range of services to superannuation funds and their members. The company’s IT requirement was a system to suit their newest retail client.

“We are pleased to have begun work with Bravura Solutions,” said Peter Beck, Chief Executive Officer, Pillar Administration. “We are excited about the implementation and look forward to commencing the project.”

Bravura’s group superannuation and pension administration system can be tailored to suit specific administrative, financial and reporting requirements. It offers superior adaptability, can be configured to suit the majority of environments and reduces the need for expensive and time consuming programme changes.

”I am delighted that Bravura is proving its success by not only enhancing and building on its existing business relationships but also by securing long-term work projects with new clients,” said Simon Woodfull, Group CEO and Director – Operations, Bravura Solutions.

“It reflects Bravura’s leading position in this market space and is reinforced by our impressive client list of superannuation businesses which range from product to third party administration providers. We look forward to developing a successful and long term partnership with Pillar Administration.