Bravura Solutions And Calastone Sign Partner Agreement

Bravura Solutions Limited (Bravura) a supplier of wealth management applications and professional services is announcing an affiliation with Calastone Limited (Calastone), which will give Bravuras clients direct connectivity to Calastones live messaging service and transaction network. Calastone is an independent

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Bravura Solutions Limited (Bravura) a supplier of wealth management applications and professional services is announcing an affiliation with Calastone Limited (Calastone), which will give Bravuras clients direct connectivity to Calastones live messaging service and transaction network.

Calastone is an independent cross-border messaging network for the mutual fund industry, automating key business flow processes and delivering Straight Through Processing (STP) efficiencies throughout the entire lifecycle, from mutual fund trading, through to settlement. Developed using the latest Microsoft technologies, Calastone provides clients with the ability to view their transactions online, in real-time, through an execution management system.

We are extremely pleased to be working with Calastone, says Tony Klim, Bravuras chief executive officer EMEA. This collaboration will enable our clients to achieve the full benefits of STP with Calastones distribution clients. The initial deployment supports order messages and will enable our clients to process trades electronically from the Calastone network.

We can now provide a cost effective solution to our clients wishing to connect to the Calastone transaction network, building further on our leading position as a provider of STP financial messaging through Bravuras Babel software application. The relationship with Calastone demonstrates our commitment to working with leading industry parties, seeking out value added services on behalf of our clients.

D.C.

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