Bravura appoints wealth management exec
Bravura Solutions is focusing on enhancing its development capabilities across its wealth management division, appointing Ramarao Velpuri to the role of global head of engineering across centres in Australia, Poland, India, New Zealand and the UK.
Velpuri would lead software for Bravura across the global business, with a particular focus on the software provider’s next-gen wealth management software platform, Sonata.
“It’s an exciting time to take on this role and I look forward to helping our clients benefit from Bravura’s operational scale and technology,” he said.
Velpuri previously held executive roles at Oracle and CA Technologies and was most recently the vice president at Capsilon Corporation. Bravura chief executive, Tony Klim said Velpuri was well placed to assisting the firm to reach its targets.
“Ramarao has extensive IT and operations expertise,” he said.
“We are confident that he will excel in this role working with our global teams to develop and deliver our IT processes and infrastructure to optimally support Bravura’s software development and client outcomes.”
Recommended for you
Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm.
A close competition has seen AMP Financial Planning lose its long-held position as Australia’s largest individual licensee, according to Wealth Data.
State Street Global Advisors’ research reveals a notable rise in Australian investors’ awareness and satisfaction with model portfolios, highlighting benefits such as lower fees, closer portfolio monitoring, and greater adviser involvement.
National advice firm Viridian Advisory is encouraging school leavers to consider financial advice as a future career choice, having taken almost 20 individuals through its professional year program.