IFDL selects Bravura Solutions as back office technology provider

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Investment Funds Direct Limited (IFDL) has selected Bravura Solutions as its preferred back office technology partner.

The two firms will now move to a planning and implementation phase which is expected to take around three months to complete.  IFDL managing director Hugo Thorman said: "We announced towards the end of last year that we were continuing to build our front office technology in house but were looking at potential back office partners. "This move stemmed from a belief that the back office is becoming an increasingly commoditised function where scalability, flexibility and low operational costs driven through new technology are increasingly important. The due diligence we have conducted ov...

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