Bravura Solutions Limited (ASX:BVS) (Bravura) today announced that Futurity Investment Group Limited (Futurity) has gone live with Bravura’s Garradin platform to support their new range of education bonds.
Futurity (formally Australian Scholarship Group) is a member-owned organisation that provides savings and investment plans for families to support their education aspirations and is the largest provider of education bonds in Australia. Garradin provides Futurity with a functionally rich administration system to generate new operational efficiencies and enhance service delivery.
The Garradin implementation has enabled Futurity to launch a ground-breaking discretionary family education bond that provides bond owners with the ability to easily track their contributions as well as provide flexible withdrawal arrangements.
Ross Higgins, Chief Executive Officer at Futurity said: “We are delighted to have partnered with Bravura to deliver this business-critical project. Garradin will help us to optimise our business processes, so we can better service and grow our membership and reduce operating costs.
Jon Alder, Head of Operations at Bravura Solutions said: “We are pleased to have delivered this program of work in collaboration with Futurity. It has been a significant achievement to implement Garradin within a timeframe that has enabled Futurity to rapidly respond to dynamic market conditions and launch new products to meet and exceed the needs of their customers.”
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