Bravura significantly enhances its support, development and testing capability

Sydney / London, 12 September 2011 (ASX: BVA) – Bravura Solutions Limited (Bravura) – a leading global supplier of transfer agency and wealth management software applications and professional services – is pleased to announce the enhancement of its support, development and testing capability, with an expert team in Gurgaon, India, supplementing its existing development centre in Warsaw, Poland.

Bravura has undertaken this strategic move in order to cost effectively deliver enhanced client service levels; increase development and testing capabilities, and improve helpdesk service and turnaround times for client requests and enquiries.

Tony Klim, CEO – Bravura Solutions said, “We have significant interest in our new wealth management platform, Sonata, as well as development requirements to support new regulatory changes.

“Expanding and focusing our support and development capability allows us to more effectively meet this client demand. We now have a dedicated team of resources that can quickly respond to increases in product development requirements.”

The India team will support both transfer agency and wealth management clients located globally.

“The establishment of this function is an initiative that formed part of the rationale of our acquisition of the Mutual Fund Technologies business in 2010. In addition to a world class product and an expanded global footprint, the acquisition afforded access to an established, highly skilled and experienced leadership team, providing a solid foundation on which to build,” said Klim.

Bravura expects to increase its presence in India over the coming months, hiring further developers and test analysts to support its wealth management products.

A new office in Gurgaon, India (30km outside of Delhi) opened today.

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