South Africa's Discovery chooses Bravura

Software_platformSoftware provider Bravura Solutions has signed a contract to supply its technology to South African financial services group Discovery. Under the deal, Bravura's Sonata software will support Discovery's new corporate savings vehicle and institutional risk products. “Sonata was the natural choice for supporting the innovative umbrella funds that we are launching into the corporate savings market,” said Kenny Rabson, chief executive of Discovery's Invest division. Tony Klim, chief executive of Bravura Solutions, said the agreement is the second major contract his firm has won in South Africa in the last 12 months. Discovery operates in a variety of sectors including healthcare, life assurance, short-term insurance, savings and investment. It serves about 10 million customers in 17 countries. ©2017 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.


MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.


Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.