JP Morgan Chase Bank has signed a five-year agreement with wealth management software supplier Bravura Solutions to use its Rufus transfer agency platform.
The agreement, which commences in August 2009, extends JP Morgan's existing relationship with Bravura through its Worldwide Securities Services division, which provides transfer agency services in Dublin and Luxembourg.
It follows an announcement by JP Morgan that it intended to launch UK Transfer Agency, with JP Morgan Asset Management Marketing as its first customer.
The agreement demonstrates Bravura's capability to support the transfer agency industry across Pan European markets, said Bravura group chief executive Simon Woodfull.
Australian super funds have extended their winning streak into September, as strong global equities and resilient long-term returns boost member outcomes.
The super fund has appointed long-serving technology leader Richard Exton to its executive team, underscoring the fund’s digital transformation priorities.
Valuations of the major US tech companies are becoming elevated, according to UniSuper’s chief investment officer John Pearce, but not yet at bubble territory.
The country’s largest super fund has launched a £500 million UK housing platform to expand its living sector investments and support economic growth.