Bravura selected by West Yorkshire Pension Fund to connect to Pensions Dashboard

Bravura Solutions’ Dashboards Connect Integrated Service Providers (ISP) solution has been selected by the third largest Local Government Pension Scheme (LGPS) in England and Wales to connect its pension member data to the Pensions Dashboards Programme’s (PDP) Central Digital Architecture (CDA).

The multi-year partnership, which is one of the first ISP partnerships to be announced by an LGPS, will see West Yorkshire Pension Fund (WYPF) use Bravura’s ISP solution to connect to the PDP’s CDA.

In total, Bravura will support WYPF onboard members from more than 850 employers, across the mix of funds it administers.

This will enable more than 400,000 members to find and view their WYPF-administered pensions when pensions dashboards are available to the public – a point known as the Dashboards Available Point. 

Bravura’s technology works with more than 50 clients in the UK – including pension funds, international banks and large financial institutions, with its systems holding more than £4.5tn in funds under administration (FUA) and its financial messaging service processing £1tn in investor transactions each month.

Chris Spencer, CEO EMEA at Bravura, said: “Our scalable and reliable ISP gives West Yorkshire Pension Fund the reassurance they need to ensure regulatory compliance, while opening them up to future innovation due to the ease of integration and connectivity our ISP solution provides.

“It also generates a world of possibilities for Bravura to work with other leading and future-focused public sector organisations, helping to introduce new technologies into the sector to modernise and increase value, efficiency and scale.”

Elizabeth Boardall, head of project, comms and technology at WYPF, said: “As a leading LGPS, we are committed to supporting our members on their journey to save for a healthier retirement.

“Dashboards will help millions of people find and view lost pensions, as well as opening the door for future innovation, increase engagement and better personalisation.

“We were hugely impressed with Bravura’s forward-looking approach and the unrivalled scalability, cost and ease of integration of its ISP solution.

“The business’ in-depth knowledge and expertise means we’re confident we have the right partner to help safely and securely onboard our member’s data and open us up to future innovation.”