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.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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