Bravura is the third Australian company to enter the index, joining IRESS Market Technology and Computershare.
The Finextra50 Financial Technology Index is a free-float value weighted index of the world's 50 leading providers of technology-based products and services to the financial services industry. The index is updated weekly and provides a framework for analysing trends in the financial technology market, particularly vendor consolidation.
Iain Dunstan, Group CEO and Managing Director, Bravura Solutions said: âInclusion in the Finextra50 Index recognises our strong global position in the financial technology market.
âIt is an honour to be part of such a prestigious group of companies, an achievement we are proud to have made in the three years since Bravuraâs inception. Placement on the Finextra50 Index highlights our expanding global footprint in the financial technology industry and is a positive sign for the future direction of our company.â Inclusion in the Finextra50 Index is limited to publicly-listed technology product and services companies that earn at least 50 per cent of their revenue from the financial services industry. The index is also based on free-float market capitalisation, and a required mix of companies from Europe, North America and Asia Pacific.