Bravura underpins growth



Iain Dunstan
Fast-growing financial services platform provider Bravura Solutions has moved to underpin its expansion into Europe with the opening of a new head office in London.
The new office will accommodate employees from Bravura’s existing Canary Wharf and Richmond offices and is intended to assist the company’s expansion strategy in both the UK and Europe.
Commenting on the move, Bravura chief executive Iain Dunstan said the UK and European businesses were experiencing rapid growth and creating considerable business opportunities for the company, specifically through the introduction and growing popularity of wrap platforms.
“According to Datamonitor, assets under administration within wrap-like services are forecast to grow to approximately £150 billion in the UK by 2008,” he said.
“Bravura is well-placed to leverage existing relationships and provide wrap applications to UK customers.”
Dunstan said the move to larger and more central premises in London, combined with the company’s offices in Edinburgh, Manchester and Luxembourg, highlighted its growing market presence.
Recommended for you
Half a year after Count Financial told its advisers to exit several Metrics Credit Partners funds, research house Lonsec has now downgraded two of these products over governance concerns.
Having divested its financial advice business to Fortnum Private Wealth, Australian Unity has shared further details on how it is transforming the wealth arm of the business to focus on investment bonds.
With candidate retention a concern after a professional year, two large licensees have shared how they are structuring their programs to successfully ensure candidates are keen to remain beyond the year.
Evidentia Private has appointed PIMCO’s Haydn Scott as principal for private wealth solutions, focusing on asset consulting and private markets.