The life insurance functionality of Sonata is currently available, while functionality for investment, superannuation and pensions is to be launched in the coming months.
The life insurance application incorporated all aspects of the policy management life cycle, from providing insurance quotes and capturing new business, through to claims processing, Bravura Solutions Group chief executive Simon Woodfull said.
"One of the key benefits of Sonata is its flexibility. For example, the integrated work-flow management feature enables users to easily configure, measure and change insurance work-flow processes," Woodfull said.
"In addition, Sonata's service-oriented architecture and web services mean that the product is easily integrated with other systems and enables direct connection with a range of distribution channels, including banks, agents, brokers and financial advisers.
"We intend to invest significantly in future research and development, as well as functionality upgrades in response to industry and regulatory trends, to ensure Sonata remains leading edge."
