Australian National University to install Bravura Garradin system
Bravura Solutions has signed a five-year agreement with the Australian National University (ANU) to replace its custom designed investment management system with Bravura's Garradin system.
The Garradin system will replace ANU's in-house system for managing investment portfolio assets, unit holder information and unit pricing.
"This product will deliver an investment management system that will systematically bring together all unit holder, portfolio asset data and related transactional information from the current ANU systems into an integrated investment accounting and management system," said group chief executive and director Simon Woodfull.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.