Bravura Solutions Limited today announces the appointment of Mike Margetts as COO for Wealth Management for EMEA. Margetts is responsible for successfully delivering and implementing Bravura’s flagship Sonata* product across EMEA, as well as ongoing support services. He is based in Bravura’s London office.

Mike has over 25 years of experience in the finance and technology services industries. He has held executive positions at Accenture, Credit Suisse, Xchanging and Capita. Mike’s experience includes responsibility for consulting, technology and line-of-business operations within financial services, running regulated businesses in the UK and Germany, and international responsibility for business operations in the UK, Germany, Italy and India.

He replaces incumbent COO, Harry Storer who joined Bravura in 2014. Harry, who retires in September, is supporting the transition with Mike on a part-time basis until his retirement.

Tony Klim, CEO, Bravura Solutions said:

“We are delighted to welcome Mike to Bravura’s Executive team. The extensive experience of technology and processing businesses in financial services he brings with him, further strengthens our Wealth Management function. Mike’s appointment supports our goal to deliver great business outcomes for our clients.”

Mike Margetts, COO Wealth Management EMEA, Bravura Solutions said:

“I am joining the company at an exciting time. Bravura is a market-leading global player, that has a track record for delivering proven and innovative solutions for clients.  I’m particularly looking forward to supporting our growth in South Africa, starting with the Sonata implementation at STANLIB Wealth, part of the Liberty Group, and ongoing opportunities across the EMEA region.”

Bravura recently announced Scottish Friendly Assurance Society Limited (Scottish Friendly) – one of the largest mutual life offices in the UK – has gone live with Bravura’s Sonata administration platform for its life and pensions business. In May, the group also announced STANLIB Wealth, part of the Liberty Group, signing a long-term contract for the implementation of the Sonata platform.

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