$1 trillion breakthrough
Iain Dunstan
Financial services platform provider Bravura has told the Australian Stock Exchange it now administers more than US$1 trillion in funds globally.
The company’s managing director and chief executive, Iain Dunstan, said it represented a remarkable achievement and had been driven in large part by Bravura’s strong investment in research and development.
He said that geographically, the United Kingdom and European markets had provided Bravura with its most significant growth opportunities, accounting for 63 per cent of revenues in the past financial year.
Dunstan said Bravura’s northern hemisphere success was driven by a shift in the distribution landscape towards wrap platforms, increased focus on self-funded retirement and the need to simplify cross-border transactions.
AUTHOR
Mike Taylor
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