Bravura Solutions Limited (ASX:BVS) (Bravura): Bravura Solutions (Bravura), a leading supplier of wealth management and funds administration technology, today announced the company is expanding its London presence with a move to a new office, at 201 Bishopsgate in the City of London.
The office relocation reflects strong business growth across the United Kingdom and the EMEA region, with rapid growth in Bravura’s flagship product, Sonata, continuing to underpin the business’s performance.
At a global level, this success has been recognised by its recent ascension into the S&P/ASX 200, in which Bravura now ranks amongst the largest ASX-listed companies in Australia.
Tony Klim, CEO, Bravura Solutions, said: “Over the last few years we have seen a sustained increase in the confidence that our customers, investors, and people place in Bravura. This has been a key driver of our growth and success. The move to 201 Bishopsgate represents both an exciting next step in Bravura’s global growth and development journey, and our continued desire to attract the very best talent to the business. In the past three years, our total staff numbers in London have increased by 45%.
“I’m delighted that our new space includes a sophisticated Innovation Lab, meaning we continue to deliver best-of-breed services and emerging technology solutions to our clients. This is achieved through collaboration and sharing of knowledge across teams, departments, business lines and geographies. We look forward to welcoming our clients and visitors.”
The past 18 months has seen Bravura announce new clients in all key markets globally, across both the Wealth Management and Funds Administration divisions. These include Legal & General Investment Management, and T. Bailey Fund Services in the UK; Australian Unity, and Commonwealth Superannuation Corporation in Australia; ASB Bank in New Zealand; and Discovery Limited, and Stanlib Wealth in South Africa.
On wider growth at Bravura, Mr Klim added:
“During our last financial year, we welcomed over 110 additional consultants and developers to the business, to support a number of new client wins across our core geographies. In September we appointed a new Business Development Director for APAC, Paul Dunn, to develop opportunities in the region; and earlier this month, Raju Machala became Country Head for our India office. Raju will oversee a team in Gurgaon that has grown by 25% in the past year, bringing product delivery and service support to the business globally.”
“It is the hard work and commitment from our staff all over the world coupled with strong support from clients, that has underpinned the company’s strong performance in FY18.”