Bravura Solutions has launched member direct broker services for its superannuation fund clients.
The modules, which allow super funds to account for member direct assets and connect with any third party broker for asset and tax administration, have been added to its superannuation administration systems, Calibre and SuperB, and can be integrated with its ePass portal and administration platform Sonata, or delivered via third party online portals.
Bravura chief operating officer for Asia Pacific, Jason Tong, said the new modules allowed clients to extend investment options in response to demands for increased flexibility and choice from super fund members.
"The demand by members for greater control of investments, within both superannuation and pensions, has led to the need for capabilities to help funds and administrators deliver more sophisticated services to clients," he said.
It was a cost-effective solution with broker-agnostic integration services that could offer a low cost alternative to a self-managed super fund, Tong said.