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Partners Life selects Bravura’s Sonata wealth management platform

Partners Life, a New Zealand-based life insurance company, has signed a new five year contract with Bravura Solutions for the implementation of Bravura's Sonata wealth management software.

As per the contract, Partners Life will deploy Sonata wealth management software as its insurance administration platform, covering all aspects of the policy lifecycle from new business to claims processing.

Partners Life managing director Ballantyne said Sonata will provide the solution to meet the administration, workflow, broker new business interface and reporting requirements.

Bravura Group CEO Simon Woodfull said that based on tried and tested functionality and combined with the very latest technology including Java and Service Oriented Architecture, Sonata will offer Partners Life significant benefits in the areas of automation, integration and flexibility in developing and configuring products.