Bravura Solutions is consolidating its recent acquisitions into a ‘next generation’ platform which it plans to launch in October. The platform will be for the entire financial services industry and already has a number of seed clients, according to the group’s new chief technology officer, Enda Mahoney.
“We’ve made all these acquisitions and we’re now engineering a next generation platform. We’re proposing and developing an entire platform for the financial services industry,” Mahoney said. Bravura hopes to have a blueprint of the platform ready by June with the first release to be made in October/November, “It’s really quite unique,” Mahoney said. Bravura acquired CSC Australia and Syscorp in late 2004 and the New Zealand-based Tacit Group mid last year. The new platform will amalgamate all the group’s acquisitions. Mahoney joined Bravura Solutions earlier this month after leaving FMC last year following its takeover by SS&C. SS&C decided to make its Malaysian office the group’s head office and scaled its Australian operations back making Mahoney and some sales and marketing staff redundant.
24 January 2006 00:00
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.
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