Five-year agreement signed with ANU
Sydney, 30 September 2009 (ASX: BVA/OTCQX: BRVSY) – Bravura Solutions Limited (Bravura), a leading global supplier of wealth management applications and professional services announced today that they have signed a five-year agreement with The Australian National University (ANU) for Bravura’s Garradin Investment Management system.
Bravura’s Garradin will replace ANU’s current custom designed in-house system for managing investment portfolio assets, unit holder information and unit pricing.
Established in 1946 in Canberra, ANU has over 3,300 staff, comprising academic, part-time and general staff, with a student population of over 15,000 of whom 3,100 are postgraduates.
“We are pleased to begin work with ANU,” said Simon Woodfull, Group CEO & Director – Operations.
“This project will deliver an investment management system that will systematically bring together all unit holder, portfolio asset data and related transactional information from the current ANU systems into an integrated investment accounting and management system.
“The University’s decision to implement Garradin follows the agreement of Northern Trust and the Myer Family Office to implement the solution, demonstrating its unique offering to the private wealth management and portfolio administration markets,” he said.