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Bravura Solutions Limited (Bravura) announced an affiliation with Calastone Limited (Calastone), which will give Bravura`s clients direct connectivity to Calastone`s live messaging service and transaction network.
"This collaboration will enable our clients to achieve the full benefits of STP with Calastone`s distribution clients. The initial deployment supports order messages and will enable our clients to process trades electronically from the Calastone network," says Tony Klim, Chief Executive Officer, Bravura, EMEA.
"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 Bravura`s Babel software application."
"We are pleased to partner with Bravura. Both Bravura and Calastone clients are able to remove manual order entry processing, which will reduce costs and risk, and provide greater visibility and control of order routing," says Kevin Lee, Managing Director, Calastone. *
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