Recently floated Australian-based financial services platform provider Bravura Solutions has signed a breakthrough deal with IBM to provide a range of wealth management and life insurance applications in the Asia-Pacific region.
Bravura chief executive Iain Dunstan said the company had entered into a regional teaming agreement with IBM that would result in Bravura’s new suite of wealth management applications, Sonata, being certified on IBM’s core hardware, software and middleware platforms.
He said the agreement with IBM would expand Bravura’s product support reach in the region and enable it to leverage off a globally-recognised technology player from a services and market perspective.
Bravura was floated on the Australian Stock Exchange earlier this year, with the bulk of its capital raising earmarked for expansion into Europe.
The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes.
AustralianSuper’s reliance on unlisted assets dragged on performance over the past year, as the rally in listed markets left funds more heavily weighted to equities outperforming their peers.
IFM Investors has urged for government-industry collaboration to accelerate projects, unlock capital, and deliver long-term returns for Australians.
With super funds turning increasingly to private credit to lift returns, experts have cautioned that the high-yield asset class carries hidden risks that are often misunderstood.