At Bravura, software is at the heart of everything we do. The future of financial services is our present. We develop innovative technology solutions that power some of the world’s leading financial institutions.
We are the trusted technology partner with a clear goal: to make our clients successful. We do this by developing cutting-edge software solutions that become the vital administration engine powering businesses across the wealth management and funds administration sectors.
Amongst our cutting-edge solutions we offer the following services: transfer agency systems, financial messaging, data migration, life and protection systems, wealth administration, workplace, digital propositions, as well as updating legacy and heritage core systems.
With over 30 years of experience, our next generation technology solutions help clients:
- increase operational and cost efficiency
- enhance their ability to innovate and grow
- minimise their risk
- enable them to provide an enhanced level of customer service
Our Scottish office is in Edinburgh and our ever-expanding team of over 1,500 people, based in 16 offices across Australia, New Zealand, United Kingdom, Europe, South Africa, Asia, supports a rapidly growing client base.
Using our global scale and local expertise, combined with our innovative modern technology, Bravura helps power and transform the world’s largest financial firms.
Bravura Group includes the following subsidiaries:
Finocomp, a specialist provider of registry-agnostic microservices that support the UK wealth management market. They provide software for performance reporting, portfolio management, regulatory compliance and data management. FinoComp’s software is based on a microservices architecture and can be integrated to any core technology.
Delta Financial Systems, offers complex pensions administration solutions in the UK. Delta’s highly regarded products support the administration of SIPPs (self-invested personal pensions) and SSASs (Small Self-Administered Schemes), including the full range of complex client drawdown options available under the pension freedoms legislation.
Midwinter, comprehensive financial planning software powers the advice industry in Australia. The AdviceOS financial planning solution provides sophisticated financial modelling, product comparison, practice management, client engagement and compliance features for financial advisers. Digital Advice powers online, self-directed digital advice journeys for institutions and superannuation funds. Midwinter’s cloud-based SaaS offering is built using advanced technology and complements Bravura’s product suite in an adjacent growth market.
In 2004 Bravura was established via a management buyout of the wealth management business unit of CSC Australia Pty Ltd.
In 2005 Bravura acquired Tacit Group (with offices in Australia, NZ and UK) as the beginning of its global expansion, followed by the acquisition of Syscorp and the product team.
In 2006 Bravura acquired AB Prodata and its financial messaging ‘Babel’ software, as well as Rufus Software, from Bank of New York (now Bank of New York Mellon) in the UK, entering the transfer agency market. Bravura then started being listed on the ASX.
In 2006 another acquisition took place: Essential Computer Systems, which allowed the company to deliver the first superannuation financial messaging solution, ‘ePASS’.
In 2007 Bravura acquired the private wealth and portfolio administration application ‘Garradin’.
In 2008 Bravura made an agreement with Citi for the acquisition of its transfer agency software ‘GTAS’ and its dedicated software development team based in Poland.
In 2010 Bravura launched its flagship next-generation wealth management and life insurance software solution, called ‘Sonata’. Bravura’s dedicated transfer agency development centre opened in Warsaw, Poland. Mutual Fund Technologies (MFT) was also acquired from Fidelity International, further expanding the transfer agency offering with MFT’s ‘GFAS’ solution.
In 2011 Bravura’s Gurgaon office opened. NZ life insurer Partners Life became the first Sonata client, writing its first million dollars in premiums within three weeks of going live on the platform.
In 2012 Bravura launched the SuperStream messaging solution, ‘Babel’, in Australia.
In 2013 Bravura de-listed from the ASX, acquired by private equity firm Ironbridge Capital to lay the foundation for the next stage of growth.
In 2016 Bravura was listed again on the ASX via an initial public offering (IPO).
In 2018 the company was admitted into the ASX300 (March) and ASX200 (October).
In 2019 the acquisition of Australian software company FinoComp took place, extending its microservices offering to a broader wealth management market. Bravura also acquired Midwinter, an Australian business focused on financial advice, as well as its award-winning financial planning software ‘AdviceOS’.
In 2020 Bravura acquired Delta Financial Systems, a UK software company that provides technology solutions to power complex pensions administration. Bravura also signed a long-term contract with Aware Super for the implementation of an ecosystem of Bravura products, underpinned by Sonata Alta.
View the full team at https://www.bravurasolutions.com/about/executive-team/