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 fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.