Press Releases

Bravura Enriches Garradin Functionality with FINCAD's Financial Analytics

Sydney, Vancouver — June 4, 2009 — (ASX: BVA/OTCQX: BRVSY)

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 has entered into a formal agreement to use FINCAD's derivatives analytics solutions and services.

Bravura has joined the FINCAD Alliance Program, allowing it to embed FINCAD's analytics library into its Garradin investment management system. 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.

"By employing FINCAD's analytics solutions, we are significantly extending and enriching the functionality of the Garradin investment management system," said Iain Dunstan, Bravura's Group CEO and Managing Director. "Garradin clients will be provided with seamless access to industry standard analytics to value and assess the risk of their derivatives and debt securities. The library's comprehensive coverage includes all major asset classes, covering a full range of exotic and vanilla instruments."

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. The FINCAD analytics will also be considered for other Bravura products.

"We are pleased to welcome Bravura to our growing FINCAD Alliance Program," said Amar Budhiraja, Director FINCAD Alliance Program. "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."

Garradin is a comprehensive, multi-currency investment management system with integrated asset management, registry and tax management functions. It is a fully modular solution that can be deployed across multiple sectors including retail wealth management platforms.

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, corporate treasuries, asset management firms, auditors, and governments. FINCAD is the industry standard for financial analytics used by more than 35,000 financial professionals in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada. For additional information, visit www.fincad.com.

About Bravura Solutions Limited

Bravura Solutions Limited (Bravura) is a leading global supplier of professional consulting services and highly specialised administration and management applications for superannuation & pension, life insurance, investment, portfolio administration, transfer agency and STP financial messaging. Bravura provides professional services and wealth management applications to more than 180 financial institutions including a range of corporate clients. More than 18 million accounts are administered on Bravura software, with more than US$1.1 trillion in funds managed globally.

Bravura currently employs more than 570 people staffing 14 offices across Australia, New Zealand, UK, Europe, Poland, Asia and South Africa.

Bravura Solutions is proud to have won the 2008 European International Custody and Fund Administration award for European Asset Servicing Technology Vendor of the Year, and to be listed as the only Australian company in the American Banker global FinTech 100 in both 2007 and 2008. Bravura Solutions is also recognised as one of the 50 financial technology companies included in the global Finextra50 Financial Technology Index. Additional information is available at www.bravurasolutions.com

American Depositary Receipts (ADRs): Bravura Solutions' ADRs trade under the code BRVSY. Each Bravura Solutions ADR is equivalent to 20 ordinary shares of Bravura Solutions as traded on the Australian Securities Exchange (ASX). The Bank of New York Mellon is the depositary bank. Bravura Solutions' ADRs are listed on International OTCQX (www.otcqx.com), a premium market tier in the U.S. for international exchange-listed companies, operated by Pink OTC Markets, Inc.

Media Contact:

Armita Seyedalikhani
Direct: +1.604.957.1222
Email: a.seyedalikhani@fincad.com