Bravura names new propositions team

Bravura Solutions, a global supplier of transfer agency and wealth management software applications and professional services, has named its new propositions team, tasked with integrating market trends and customer insight into future product innovation and strategy.

The London-based group will be headed by Nick Parsons, Bravura’s global chief executive. He will be joined by Tricia Riddell, global head of product for Transfer Agency, who will retain responsibility for the product management team while spending more of her time on propositions. Eric Welsby, principal wrap consultant for the EMEA regions, will also be joining the team.

Parsons said 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 organisations to operate efficiently on an increasingly global basis.”

Riddell said: “This is an exciting challenge and an opportunity to shape Bravura’s future growth. The position of transfer agency in the value chain will continue to adapt, with a move to support distributed services with a broader wealth management proposition. The opportunity exists for transfer agents to move up the value chain, developing services beyond traditional record keeping, to manage the changing nature of distribution. Our clients look to us for functionally rich and efficient technology, and the team will ensure we are well placed to meet their evolving requirements.”

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