Wealth management and insurance software provider Bravura has snaffled the former managing director of rival firm FMC Software, Enda Mahoney, to head up its technology strategy.
Mahoney, who resigned from FMC late last year, has taken on the position of chief technology officer with Bravura. He also served as BT head of technology for several years. Iain Dunstan, Bravura CEO, said Mahoney’s “breadth of knowledge in IT strategy and business support will enhance the growth of Bravura’s business base, both in Australia and globally”. Mahoney said he welcomed the opportunity to design “next generation platforms” at Bravura.
17/01/2006
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Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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