Bravura improved Garradin system with FINCAD's financial analytics

Bravura Solutions (Bravura), a leading global supplier of wealth management applications and professional services, and FINCAD, a leading global provider of financial analytics, today announced that Bravura decided to use FINCAD's derivatives analytics solutions and services and has concluded a formal agreement about that. Bravura became a member of the FINCAD Alliance Program, allowing it to embed FINCAD's analytics library into its Garradin investment management system, a comprehensive, multi-currency system with integrated asset management, registry and tax management functions. This will provide additional pricing and risk analysis capability, and will address the need among Bravura's buy-side clients for solutions that offer independent and transparent valuations of their securities, particularly for OTC derivatives. FINCAD's analytics library is made available through the FINCAD Analytics Suite for Developers software development kit, which allows firms to embed the extensive library of cross-asset financial analytics into other applications, such as Garradin. Iain Dunstan, Bravura's Group CEO and Managing Director said: "Garradin clients will be provided with seamless access to industry standard analytics to value and assess the risk of their derivatives and debt securities." Amar Budhiraja, Director FINCAD Alliance Program said: "As the global demand for independent and transparent valuations increases at a rapid pace, we look forward to working with Bravura to meet the pressing needs of their clients and further expanding the use of FINCAD's analytics among buy-side firms in the Asia Pacific region."