Bravura’s straight-through processing (STP) solution for financial messaging, Babel, is helping one of the world’s largest financial institutions scale and reduce risk to support its ambition of becoming a leading transfer agency (TA) provider globally.
One of our clients is an internationally recognised financial institution. It has recently moved to increase the size of its TA business following its launch a few years ago. After being introduced to Bravura’s seamless STP financial messaging system, Babel, the transfer agent decided to implement the solution to help it increase market share in the TA space and create ongoing efficiencies due to its feature-rich design and ability to process transactions in multiple jurisdictions, at scale.
In addition, Bravura simultaneously supported the migration of a significant book of business when implementing Babel, demonstrating Bravura’s strong migration capability and truly effective approach to delivering mission-critical projects.