The Bravura Solutions Ltd
(ASX: BVS) share price jumped 8% today as investors responded to its presentation that was announced yesterday.
Bravura Solutions is wealth management software business that is currently trying to take over GBST Holdings Limited (ASX: GBT), another fintech business.
What Bravura Said In Its Presentation
Bravura said its strong pipeline is driven by sales opportunities from new clients and significant project activity from existing clients.
The demand in the UK, Australia, New Zealand, South Africa and Asia is being driven by clients’ need for speed for new products, digital capabilities, navigating maturing and evolving regulation and extracting operational efficiencies.
Bravura boasts that its strong growth and greater efficiency is driving increased operating leverage.
It is increasing its investment in Sonata, its flagship product for financial institutions, to support client demand and further improve product functionality.
Bravura ended by confirming that full year 2019 guidance for earnings per share (EPS) growth in the mid to high teens has been re-affirmed.
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