Bravura Solutions and Calastone sign partner agreement

First Published 17th February 2010

Bravura clients to connect to Calastone network

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."

Bravura Solutions has announced an affiliation with Calastone which will give Bravura's clients direct connectivity to Calastone's live messaging service and transaction network.

Tony Klim, Bravura's Chief Executive Officer - EMEA said: "We are extremely pleased to be working with Calastone. 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. 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."

Kevin Lee, Calastone's Managing Director said: "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."

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