Commonwealth Superannuation Corporation (CSC) has signed a long-term contract with Bravura Solutions Limited for the implementation of the Sonata platform as a managed cloud service.
The Sonata platform provides clients with a customer-centric digital platform that can streamline administration and increase cost efficiencies through inbuilt workflow process automation.
CSC intends to use Sonata to efficiently administer claims for death and disability benefits.
It will also use the platform to better service Australian Defence Force (ADF) personnel entitled to benefits under ADF Cover Legislation.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.