POWERED BY MOMENTUM MEDIA
Bravura links with IBM
Recently floated Australian-based financial services platform provider Bravura Solutions has signed a breakthrough deal with IBM to provide a range of wealth management and life insurance applications in the Asia-Pacific region.
Bravura chief executive Iain Dunstan said the company had entered into a regional teaming agreement with IBM that would result in Bravura’s new suite of wealth management applications, Sonata, being certified on IBM’s core hardware, software and middleware platforms.
He said the agreement with IBM would expand Bravura’s product support reach in the region and enable it to leverage off a globally-recognised technology player from a services and market perspective.
Bravura was floated on the Australian Stock Exchange earlier this year, with the bulk of its capital raising earmarked for expansion into Europe.
AUTHOR
Mike Taylor
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
