Bravura extends its reach
Bravura Solutions has strengthened its position across the Asia Pacific by entering into a regional teaming agreement with IBM.
Under the contract, Bravura will provide IBM with its new range of wealth management and life insurance applications called Sonata, which will be certified on IBM’s core hardware, software and middleware platforms.
Bravura said it anticipated the agreement would enable it to leverage off a globally-recognised technology company while expanding its product support reach.
Bravura’s chief executive Iain Dunstan said the partnership was part of the company’s growth strategy to collaborate with key technology and consulting partners in order to access a broader financial services customer base.
“Bravura’s agreement with IBM is set to benefit Bravura’s customers on a global scale, with the planned roll-out of a consistent engagement and delivery model in Bravura’s operational regions, including Australia, New Zealand, Europe, the Middle East, Africa and the United Kingdom,” he said.
Recommended for you
Shadow financial services minister, Luke Howarth, has stressed the Coalition’s commitment to reforming the CSLR, adding that he ultimately wants to “get rid of it”.
With just over three weeks until the federal election, the FAAA has put a reduction in red tape and further support for new entrants on its priority list for an incoming government.
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered.
Rather than taking a controlling approach, the latest generation of overseas private equity deals is helping advice firms to achieve their growth ambitions, three commentators have said.
