Financial services technology provider, Bravura Solutions, has expanded its New Zealand-based Asia Pacific operations team and moved to larger premises in Auckland.
The company announced this week that the larger team would support the growing market demand for unified wealth management and life insurance platforms across Australia, New Zealand and Asia, as well as providing development services to Bravura projects in Europe.
The Bravura announcement said the company had established a presence in New Zealand in 2005, opening offices in Auckland and Wellington following the acquisition of Tacit. In early 2014 Bravura had approximately 50 staff in New Zealand, but with increasing demand for Sonata services that number has now more than doubled.
Bravura chief operating officer, APAC, Jason Tong said the company had been a long long-standing technology provider in New Zealand.
"More than 50 per cent of all KiwiSaver accounts are administered on Bravura platforms and a significant portion of Sonata R&D continues to be focused here," he said. "We have expanded our local team as a result of the increasing demand for Sonata services, both in New Zealand and in international markets."
