Babel automates external linkage to a variety of markets and counterparties, using almost any message medium or format. Babel adapts to any necessary business logic, directly or via the world’s major platforms and comprises a set of modules that manage different messages and transactions, external connectivity to particular markets and platforms, as well as specific message protocols.
Dan Watkins, head of European operations at JP Morgan Asset Management, said: “We needed a STP solution for our Life Funds client which also supported the ISO 20022 ViaNova message format. Our long-standing partner, Bravura, had the products and capability to support complex asset management operations, making them the perfect fit for our requirements. The implementation of Babel has extended our STP capacity in the UK and, importantly, supports ViaNova standard instructions.”
Tony Klim, CEO of EMEA at Bravura, said: “This is a significant achievement for Bravura and JP Morgan. It highlights our ability to provide STP solutions for our clients and enable them to introduce operational efficiencies and service improvement to their investors. We are delighted to have worked so closely with JP Morgan and helped them to implement another UK STP capability.
