Sydney, 13 June 2012 (ASX: BVA) – Bravura Solutions Limited (Bravura), a leading global supplier of transfer agency and wealth management software applications and professional services, is pleased to announce further measures to strengthen its product team through the appointment of key roles and a renewed product focus in its organisational structure.

Bravura recently appointed Mani Kastellas to the role of Product Consultant, Wrap and Investment. Mani has extensive experience and expertise in wrap and investment in Europe and Australia – a market that is characterised by continuous change, with regulatory shifts and evolving approaches to technology.

Darren Stevens, Bravura’s Global Head of Product, Wealth Management said: “Our decision to appoint Mani to this role forms part of a wider strategy to continue to strengthen our product team and ensure a heightened focus in our product roadmap. In his new role Mani will oversee product governance to ensure what is built in our Garradin and Sonata solutions, is best practice and meets the needs of our growing client base.”

Mani’s appointment to the role follows the promotion of Michelle Lusty to the position of Product Manager, Sonata to reflect the increasing strategic development in Sonata across wrap, superannuation and life insurance. Michelle’s role covers the overall strategic management of the Sonata solution and global functional development.

“We are committed to ensuring our expert talent is allocated to best benefit our products and clients. Both Mani and Michelle have deep knowledge and experience with our products, having been instrumental in their design over the years,” said Stevens.

Sonata is Bravura’s next generation wealth management application suite for investment and policy administration. It provides a single solution with coverage for life insurance, trust, pension/annuity, group superannuation/pension and wrap. A comprehensive end-to-end solution, it includes web access, workflow and business intelligence.

Garradin is Bravura’s comprehensive, multi-currency investment management system with integrated asset management, registry and tax management functions. It is a single, fully modular system that can be deployed across multiple sectors.

Bravura’s Global Head of Product, Darren Stevens was quoted in this press release. To ask Darren a question regarding the release or to discuss it in more detail, email [email protected]

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