Bravura Solutions, a global supplier of wealth management applications and professional services, has signed multi-year agreement with Lloyds Banking Group (LBG).
Under the agreement, Bravura will provide a hosted service to support LBG’s bank and IFA channels, implementation services and ongoing support through to 2015.
Already an existing Bravura customer, the agreement provides LBG with a back office solution for registry services, OEICs (Open-Ended Investment Companies – similar to unit trusts), ISAs (Individual Savings Accounts) and services multiple distribution channels, including Bancassurance and Independent Financial Advisors.
Paul Penney, strategic change and IT director at Lloyds Banking Group, said: “Our long-term working partnership with the Bravura team will allow us to focus on continuous improvement of the services we provide.”
