Bravura Solutions, the supplier of transfer agency and wealth management software applications and professional services has formed a task force to develop client centric propositions in order to drive growth.
The team, to be headed by Nick Parsons, Global CTO, will be tasked with integrating market trends and customer insight into future product innovation and strategy amidst a changing regulatory landscape. With a shift in the relationship between transfer agency and distribution, and an expected convergence towards third-party administrators in the wrap platform market, Bravura will continue to focus on these areas, whilst exploring further opportunities in complementary markets.
Parsons said: Establishing the team is a strategic move after a period of consolidation following a number of acquisitions. We are aiming to expand the business by increasing our reach, capabilities, customer base and pool of potential clients. A number of key initiatives have already been identified, driven by the need for organizations to operate efficiently on an increasingly global basis. With extensive market knowledge, Im confident the team will exceed expectations.
Joining the taskforce is Tricia Riddell, Global Head of Product for Transfer Agency and Eric Welsby, Principal Wrap Consultant for the EMEA region. Both bring years of industry expertise in their respective fields.
Whilst still retaining responsibility for the product management team at Bravura, Riddell will now focus more of her time on propositions. In order to facilitate this, Aubrey Nestor has stepped up from his present product manager role for Rufus. He now takes overall responsibility for the product management of all of Bravuras transfer agency offerings and related systems.