Bravura creates key position
Specialist technology provider, Bravura Solutions Pty has moved to extend its focus, announcing an expanded role for its global Director of Strategy, Darren Stevens.
The company has announced that Stevens, who joined Bravura in 2007 and is based in Melbourne, has been appointed Director, Product Management and Strategy for global wealth management.
It said that this meant that, in addition to his previous strategy role, Stevens will be responsible for the global strategic direction and product management of Bravura’s wealth management suite, including wrap and platform, investment, superannuation, life insurance and portfolio administration products.
The company announcement said Stevens will be managing a global team spanning the APAC and EMEA regions.
He will continue to report directly to Bravura’s global Chief Executive Officer, Tony Klim.
Commenting on the change, Klim said he believed Stevens was a perfect fit for the newly created position.
“With 12 contracted Sonata engagements underway and another two close to contract completion, we are seeing rapid market acceptance and adoption of our software throughout APAC and EMEA, across multiple business lines. This growth has been the catalyst for Bravura to ensure global coordination and prioritisation of individual client Sonata development, alongside company funded R&D.”
Recommended for you
With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.
Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.
