Simon Woodfull, Group Chief Executive Officer of Bravura said: âWe are proud to have secured a place in the FinTech 100 for a fourth consecutive year. To have maintained this ranking throughout a period of significant financial market turmoil is a clear reflection of our consistently solid performance and long-term strategic focus.â
The FinTech 100, now in its seventh year, is an annual listing of the worldâs leading vertical technology vendors that generate more than one third of revenues from the financial services sector. Global revenue was a key component for Bravuraâs standing, attesting to the companyâs strong presence across the APAC and EMEA regions.
âBravura Solutions experienced credible profit growth in 2010. Despite difficult financial circumstances, we consolidated our market position by remaining focused on building and maintaining strong relationships with our existing client base, while continuing to sign agreements with key new clients,â said Mr Woodfull.
âOur plan now is to leverage our strong financial position to further develop our product solutions and enhance our customer service as we seek to further grow our business in the APAC and EMEA regions. We are currently experiencing significant industry interest in our wealth management offering and are in an excellent position to expand our market leading solutions, in particular Sonata. Sonata is our next-generation wealth management solution that we believe will become an industry benchmark for its rich functionality and technological capabilities.
âDuring 2010 we have remained strong in client recruitment and retention. We have signed five new client contracts with leading financial institutions and have completed implementation projects with key clients across the globe.â
FinTech 100 rankings are determined on the basis of calendar year-end revenues and the percentage of revenues attributed to financial services.