The recently-established Bravura Solutions which last November acquired the administration platforms of CSC in December announced that it had acquired Syscorp.
According to Bravnura Solutions chief executive officer Iain Dunstan, the acquisition will result in an entity with over 70 financial services clients and staff numbers approaching 100.
“The acquisition creates synergies for both businesses as we combine Syscorp’s technology and software expertise with Bravura’s market leadership in wealth management applications,” Dunstan said.
He said Syscorp represented a complementary business operating in a similar market, but providing services at a different level of the value chain.
“With very little duplication between the businesses, the acquisition allows us to expand our market reach, expertise and client offerings,” Dunstan said.
