Posts Tagged ‘Bravura Solutions’

ASX Company News: Bravura Solutions Secures Wealth Management Software Contract

Thursday, October 13th, 2011

Bravura Solutions Limited (BVA) – a leading global supplier of transfer agency and wealth management software applications and professional services –announced a seven year contract with existing client, Politis Investment Strategies, for the use of Garradin, Bravura’s private wealth and portfolio administration system. Following a thorough review of solutions available on the market, Politis, a boutique private client investment firm, has elected to extend its existing five year partnership with Bravura.

Gregory Politis, Politis’ Director commented: “After evaluating the solutions available to us, we believe that Bravura continues to offer the most comprehensive and effective solution for our needs. Garradin has consistently met our expectations and we believe it is the best product for administering our self-managed super fund, managed discretionary accounts and high-net- worth client business. “We sought to secure a long-term partnership with Bravura, to ensure sustained operational stability for our organisation, and to allow for the continued provision of high-quality efficient service to our clients.”

Garradin is a comprehensive, multi-currency investment management system with integrated asset management, registry and tax management functions. It is a single, fully modular system that can be deployed across multiple sectors.

www.bravurasolutions.com

http://www.traderdealer.com.au/fundamentals/bva

Post to Twitter

ASX Company News: Bravura Solutions Secures New Contract

Tuesday, February 15th, 2011

Bravura Solutions Limited (BVA), a leading global supplier of transfer agency and wealth management software applications and professional services has signed a new five-year contract with Legal and General Investments to extend its use of Bravura’s Rufus transfer agency platform. The contract will support Legal and General’s growing UK operations, expanding its current use of the platform to cover the administration of new fund range and distribution channels in their Unit Trust, PEP, ISA, and OEIC Unit Class businesses. This confirms Rufus as Legal and General’s core transfer agency system and consolidates an existing 13 year partnership with Bravura. The contract also supports Rufus’ reputation as one of Europe’s most widely used commercial transfer agency platforms administering over £335 billion of funds across 15 countries; with assets under administration rising by 23 per cent in the last 12 months alone.

Mike Boardman, Chief Operating Officer for Legal and General Investments said: “Our relationship with Bravura is essential to the continued success of our business. We are able to depend on Bravura to deliver consistently high quality services and are confident that they will continue to do so in the future. We look forward to further developing this key relationship.” Andy Chesterton, Chief Operating Officer EMEA at Bravura said: “The Rufus platform provides Legal and General with an effective and reliable technology solution that enables efficient administration and STP services as well as delivering high quality client service. “We have built a strong and successful partnership with Legal and General over the years and we look forward to building on this relationship in future with this new contract.”  Bravura’s Rufus software supports highly efficient transfer agency administration of European domiciled assets distributed globally. The multi-currency and multi-lingual platform offers integrated FX processing and also supports open architecture products such as fund supermarkets.

www.bravurasolutions.com

http://www.traderdealer.com.au/Fundamentals/bva

Post to Twitter

ASX Company News: Bravura Solutions Secures NZ Contract

Monday, January 31st, 2011

Bravura Solutions Limited (BVA) – a leading global supplier of transfer agency and wealth management software applications and professional services, has signed a contract with a New Zealand life insurance company, Partners Life, for its Sonata wealth management software. The initial five year contract will see the implementation of Sonata as Partners Life’s insurance administration platform, covering all aspects of the policy lifecycle from new business to claims processing. Partners Life is a new entrant to the New Zealand life insurance market and the founders include Naomi Ballantyne, who was instrumental in founding and building the successful Sovereign and Club Life (now OnePath) insurance businesses.

“After extensive market analysis, we selected Sonata as the best administration solution to help us achieve operational and cost efficiencies whilst also delivering an excellent service to our customers and advisors; the key challenge facing our industry today,” said Ms Ballantyne,  Managing Director. “Sonata will provide the solution to meet our administration, workflow, broker new business interface and reporting requirements. We expect Sonata to provide exceptional levels of straight-through -processing with no need for costly integration or diverging systems. This is ultimately a benefit we will be able to pass on to our customers in the form of cost reductions and enhanced service,” said Ms Ballantyne.

www.bravurasolutions.com

http://www.traderdealer.com.au/Fundamentals/bva

Post to Twitter

Bravura Solutions Wins Software Contract

Wednesday, April 7th, 2010

Bravura Solutions Limited (BVA) – a leading global supplier of wealth management applications and professional services – has signed a five-year agreement with Australian Ethical, a specialist fund manager in ethical and sustainable investing. The contract will see the implementation of Bravura’s Garradin investment management system which will replace Australian Ethical’s existing software that manages investment portfolio assets and unit pricing. Australian Ethical has over 17,000 investors and has focused on ethical investment for over 23 years. The project implementation will commence in April 2010.

“We selected Bravura as our preferred software vendor after extensive market analysis conducted by advisory firm, First Treasury, to ensure our specific requirements would be met. We believe Bravura’s Garradin software is the most suitable on the market, based on its functional strengths and its strong client experience in relevant markets,” said Gary Leckie, Chief Financial Officer for Australian Ethical.  Simon Woodfull, Group CEO for Bravura said: “The project will deliver substantial cost savings through a consolidation process and will create streamlined, improved management processes and efficiency. We are extremely pleased to welcome another new client to our expanding portfolio this year and look forward to working with Australian Ethical to deliver this project,” said Woodfull.

Garradin caters for investment management and private client administration. It is a comprehensive, multi-currency solution with integrated asset management, registry and tax management functions. A fully modular solution, it can be deployed across multiple sectors including retail wealth management platforms (such as wraps, master trusts and managed accounts), wholesale investment management, registry and mutual funds, custody and private banking. Bravura Solutions Limited (BVA) is a leading global supplier of professional consulting services and highly specialised administration and management applications for superannuation & pension, life insurance, investment, private wealth & portfolio administration, transfer agency and STP financial messaging.

www.bravurasolutions.com

Post to Twitter

Bravura Solutions Signs Contract with JP Morgan

Thursday, July 2nd, 2009

Bravura Solutions (BVA), a leading global supplier of wealth management applications and professional services, today announced JPMorgan Chase Bank , N.A. signed a 5 year contract to use Bravura’s Rufus transfer agency platform. The software license and managed services agreement represents a multi-year commitment from J.P. Morgan. J.P. Morgan (through its Worldwide Securities Services division) provides Transfer Agency services in Luxembourg and Dublin, and has announced its intention to launch UK Transfer Agency with J.P. Morgan Asset Management Marketing Ltd. as its first client. J.P. Morgan has an existing relationship with Bravura, which will now be extended through the J.P. Morgan Worldwide Securities Services’ Transfer Agency offering. The implementation project will commence in August 2009 and continue until 2011. It is expected to contribute significantly to FY2010 and FY2011 revenues.

“After conducting a review, we are pleased to build on J.P. Morgan’s ex isting relationship with Bravura Solutions”, said Susan Ebenston, Managing Director and Head of Global Fund Services at J.P. Morgan Worldwide Sec urities Services. “This agreement represents a commitment from J .P. Morgan to continue work with Bravura on the development of the Rufus platform, with the aim of providing leading edge business propositions to the funds industry,” said Simon Woodfull, Bravura Solutions’ Group CEO and Director – Operations.

Bravura Solutions Limited is a leading global supplier of professional consulting services and highly specialised administration and management applications for superannuation and pension, life insurance, investment, portfolio administration, transfer agency and STP financial mes saging. Bravura provides professional services and wealth management applications to more than 180 financial institutions including a range of corporate clients. More than 18 million customer accounts are administered on Bravura s oftware, with more than A$1.5 trillion in funds managed globally. It is recognized as one of the 50 financial technology companies included in the global Finextra50 Financ ial Technology Index.

http://www.bravurasolutions.com

Post to Twitter