Fintech and platform ‘engine’ provider Bravura Solutions has promoted chief operating officer Nick Parsons to be its new chief executive to take over from Tony Klim who steps down in September.

Mr Parsons joined Bravura as its chief technology officer in 2007. 

He has had a number of senior roles at the firm including business development director before becoming global chief operating officer in 2020. 

Based in London, Mr Parsons has over 30 years of experience in the IT sector specialising in financial sector solutions. 

Prior to joining Bravura, he was chief technology officer for DST Global Solutions.

Megan Owen will take over the role of global chief operating officer. She joined Bravura Solutions as chief operating officer, EMEA and has over 25 years’ experience in the IT industry. Prior to joining Bravura she worked for 17 years at Capgemini as a programme director, then as head of digital consulting at Dell EMC and more recently as managing director at Sopra Steria. 

Mr Klim said: “It has been a great honour for me to serve Bravura over the past 13 years, including 10 years as CEO. During my tenure, Bravura has grown into a highly regarded and deeply trusted partner to some of the world’s most important financial institutions.

“I am also pleased to announce that the Bravura board of directors has appointed Nick Parsons to the position of chief executive officer. Given his deep industry expertise, outstanding client relationships and experience with Bravura, I have every confidence that Nick will champion the needs of clients, employees and shareholders into the future.”

Mr Parsons said: “It is an honour to succeed Tony as CEO, it has been a real pleasure working with him. Under Tony’s outstanding leadership Bravura has enjoyed excellent growth, entering new markets and bringing new products on stream. Bravura is strategically well-positioned for the future, and I look forward to working together with my management team and colleagues globally to deliver exceptional results for our clients and our shareholders.”

He added: “We are witnessing considerable change in our core markets across the value chain. Whether it be the shift to vertical integration and increasing distribution accessibility in the UK, or the thrust to automate rather than outsource as in Australia and New Zealand, Bravura is well positioned to provide solutions.”