Bravura ranks in top ten for Deloitte’s Fast 50

Bravura Solutions (Bravura, ASX: BVA) – a leading global supplier of wealth management applications and professional services – has secured a place in the Deloitte Technology Fast 50. The Fast 50 is a group of Australia’s most rapidly growing technology companies, which are ranked according to percentage revenue growth over three years.

Bravura’s revenue for FY06/07 was A$99.4 million, an increase of 939 per cent from the company’s first year revenue of A$9.5 million in 2005.

Those eligible for the ranking, which includes all technology-related industry sectors, must have operated for at least three years, and generated first year revenue of at least A$100,000 and current year revenue of A$1 million.

Iain Dunstan, Group CEO and Managing Director, Bravura Solutions said: “Placement in the Deloitte Technology Fast 50 represents a key milestone for Bravura and stands testament to our growth and success since inception.

“Our revenue achievements, as well as the quality of our products and services, have exceeded all expectations. We believe our performance to date is a strong indicator of Bravura’s future direction.” This is Bravura’s second major achievement this month with the company premiering as the only Australian amongst the FinTech 100 group of companies as named by Financial Insights and American Banker magazine.

Those chosen as part of the Fast 50 are Australian-owned technology companies that have:
- Developed proprietary technology that contributes to a significant portion of the company’s operating revenues; or
- Manufactured a technology-related product; or
- Invested a significant percentage of revenues to research and development efforts.

The Deloitte Technology Fast 50 is part of a global Fast 500 program run in parallel with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.