Bravura Solutions, the Sydney-listed supplier of transfer agency and wealth management software and professional services, has opened a new office in Gurgaon, India, to supplement its current development centre in Warsaw, Poland. It aims to hire more developers and test analysts in India in coming months.

The firm said it has made this “strategic move” to serve clients more cost-effectively, boost development and testing, and improve helpdesk service and turnaround times for client requests and enquiries.

“We have significant interest in our new wealth management platform, Sonata, as well as development requirements to support new regulatory changes. Expanding and focusing our support and development capability allows us to more effectively meet this client demand. We now have a dedicated team of resources that can quickly respond to increases in product development requirements,” said Tony Klim, chief executive of Bravura.

The India team will support both transfer agency and wealth management clients located globally.

“The establishment of this function is an initiative that formed part of the rationale of our acquisition of the Mutual Fund Technologies business in 2010,” Klim said.