Babel is Bravura Solutions’ STP financial messaging solution. It is an intelligent messaging platform for straight through processing. It automates external linkage to a variety of markets and counterparties, using almost any message medium or format, and seamlessly adapting to any necessary business logic – directly or via the world’s major platforms.
Babel comprises an extensive set of modules that manage different messages and transactions (e.g. orders management, custody, statements, reconciliation, settlement and payments), external connectivity to particular markets and platforms, (e.g. Allfunds Bank, Clearstream, EMX, Euroclear, FundSettle, NSCC and Vestima+), as well as specific message protocols (e.g. FIX and all SWIFT standards).