Bravura makes 2 senior hires
Former Iress chief product officer, Aaron Knowles, has joined software firm Bravura Solutions as the global head of product management and marketing.
Knowles spent 13 years at Iress in a variety of roles, including general manager and chief product officer, before departing in December 2020 to take a consultancy role.
He has now returned to work at Bravura where he will lead its product management, solution design and marketing teams. This will involve responsibility for the firm’s global product development across wealth management, funds administration, digital and insurance solutions.
Secondly, Rob Jessurun has joined as a business development director focused on expanding Bravura’s client pool and growing global revenue.
Based in the UK, Jessurun was previously the head of sales and client management for continental Europe at software company Encompass Corporation.
Andrew Russell, chief executive and managing director of Bravura, said: “Rob and Aaron join at a hugely exciting time for the business as we look to build on our fast-paced transformation and find new opportunities for growth in the markets we serve globally.
“There’s a very real opportunity for our technology to help clients lower cost, streamline operations and create compelling digital experiences. Both new hires bring a unique skill set and targeted expertise that will drive innovation, strengthen our market position and deliver exceptional value to our clients as we scale new heights.”
In its FY24 results, the firm announced it had returned to profitability with an adjusted net profit after tax of $8.8 million. This followed a cost-out restructuring of the business with two aims of “reset and energise”, as well as “accelerating financial performance”.
This included areas such as rebuilding client trust and shareholder reputation, building a product-focused capability, and delivering a lower cost to serve.
Going forward into 2025, the software business will assess its client focus, margin improvement and employee engagement as part of a “back to business” strategy. It will also have a greater focus on its activities in EMEA and Asia Pacific, improve technology and build a high-quality technology business.
“We transformed the business at scale and at pace. Having rebuilt the foundations of a quality business, we are now able to explore revenue growth opportunities in the markets we operate in, with both existing and new clients,” Russell said at the firm’s annual general meeting on 30 October.
AUTHOR
Laura Dew
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