Congrats on the new tank! Your lighting is a big topic with lots of facets. I've included a link to the lighting forum below it'll help with some of the more detailed research. To answer your question about whether the Fluval is good for coral and fish. In my opinion is "yes", it'll do the job you want it to for the livestock you're thinking of keeping., BUT I would recommend looking at other lighting options as well, spending a bit more money on a higher quality LED and/or T5 fixture will give you healthier corals, better viewing and hopefully coral growth (good light being one of the core contributors to these factors). I think you'll find over time that you'll want more control over lighting intensity, colors (R, G, B) and flexibility to adjust lighting schedules, not to mention more POP when viewing.
Two brands of light I suggest starting your research are the AI Hydra or the Ecotech. If you look more into the lighting forum you'll find a few threads talking about different brands.
I've owned two marine Fluval lights, one still sits over my refugium. I'm currently running two Ecotech XR30 Gen4, Orphek OR3 120 and 90 light bars (not saying you need to go this route this is just my preference)
Discuss all topics pertaining to aquarium lighting. LED, Metal Halide, T5 etc.
www.reef2reef.com
A couple of examples of higher-end LED lighting (the blue can be pretty overpowering):