Bravura rated a top 100 technology vendor
Australian-based financial services software provider Bravura has this week been named as one of only two Australian companies among the world’s top 100 technology vendors by a key US publication.
The company announced this week it had been ranked 73 by Financial Insights and American Banker magazine, the sixth consecutive year it had secured a so-called “FinTech 100” ranking.
The FinTech 100 is an annual listing of the world’s leading technology vendors that generate more than one third of revenues from the financial services sector.
Commenting on the achievement, Bravura chief executive Tony Klim said it was a testament to the quality of the company’s technical solutions.
Bravura launched its next-generation wealth management platform, Sonata, at the end of 2010 to provide a single administration solution for life insurance, trust, pension/annuity, group superannuation/pension and UK wrap.
“We now have two clients live on our Sonata application – Partners Life in New Zealand and Russell Investments in Australia, and are experiencing significant international interest in its adoption,” said Klim.
Recommended for you
ASIC has warned licensees are demonstrating an “acceptance for internal non-compliance” when it comes to the reportable situations regime as a review finds a licensee took 12 years to commence an investigation into a breach.
The advice industry has broadly welcomed the legislative groundwork surrounding the latest set of financial advice reforms, although they note “the devil’s in the details”.
Centrepoint Alliance has formally launched its investment and superannuation platform IconiQ, in association with technology firm FNZ, as it looks to tap into the $1.1 trillion platform market.
AMP has launched household consolidated reporting across multiple clients to North Interactive in response to adviser feedback.
