Bravura Solutions targets SMSF and IMA administration with new Garradin capabilities
Advisors to benefit from electronic tax lodgement & user-friendly web portal
Sydney 4 November 2015 – Bravura Solutions Pty Limited (Bravura) has made complex tax administration a whole lot simpler and access to a consolidated view of a client’s assets even easier with enhancements to its private wealth and portfolio administration system – Garradin. The comprehensive solution is now better than ever at meeting an advisor’s administration and client servicing needs for a range of investment vehicles, including SMSFs and IMAs.
The new Garradin capabilities provide financial advisors with a unique, wide-ranging capability to administer a book of SMSF assets, from fund establishment through every aspect of fund administration, including automated electronic lodgement and tracking of tax returns. The enhancements were designed to complement the solution’s unique set of automated portfolio administration capabilities, which cater for fees and commissions, taxation and tax optimisation, reporting and compliance.
Bravura’s Head of Portfolio Solutions – Garradin, Darren Speirs said: “Garradin’s leading administration functionality has been further boosted with the release of electronic tax lodgement. By automatically lodging returns and tracking their progress with the ATO, the enhanced solution allows advisors to quickly and easily perform tasks that previously consumed considerable time and resources. This simple and efficient electronic lodgement improves client service by providing easy and immediate access to the status of a tax return. In every respect, it supports a better, more cost effective administration service.
“In addition, Bravura has developed a user-friendly advisor and client web portal for Garradin. The web portal allows advisors to quickly access a single, consolidated view of their client’s assets, which is often difficult for advisors to obtain, and configure this information as required. Further, the clients themselves can also access a comprehensive view of their assets via the portal for investment vehicles such as SMSFs and IMAs.”
Both product enhancements – electronic tax lodgement and user-friendly web portal – are now available to all current and new Garradin clients in Australian and New Zealand. The SMSF functionality is specifically designed for the Australian superannuation regime.
“At Bravura, we are committed to continuously finding better ways to meet our customers’ needs,” said Darren. ”With its new capabilities, Garradin’s single, scalable solution is unmatched in its ability to comprehensively support financial advisors to deliver market leading services to SMSF and IMA clients.”
Bravura’s Head of Portfolio Solutions – Garradin, Darren Speirs was quoted in this press release. To ask Darren a question regarding the release or to discuss it in more detail, email PR@bravurasolutions.com.