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
Adviser losses this week are quadruple the same period a year ago, with the industry falling into negative territory for the last 12 months.
Colonial First State has announced the latest manager to join its Edge managed accounts menu, focusing on providing investors with a strategic income.
Rising advice fees has prompted Radar Results to increase its price guide to a minimum of $3,000 per client to reflect the changing shape of the adviser landscape.
Investment consultancy Ascalon Capital has appointed a new partner, who joins from 20 years at Zenith Investment Partners, as well as a new chief executive amid a “bold new chapter” for the firm.