Platform engine and fintech Bravura Solutions has appointed Andrew Russell as group CEO and managing director effective immediately.

Libby Roy, the CEO of platform engine and fintech Bravura Solutions, is to step down with immediate effect after only a year in the role.

Fintech and platform engine provider Bravura Solutions plans to downsize its UK offices as part of a global cost-cutting exercise, with some offices set to be cut altogether in Australia and New Zealand.

Pension scheme administrators are increasingly concerned about data security ahead of the launch of the new Pensions Dashboards.