Bravura offers one-day re-reg solution

In an extension of its existing Babel message provider services, Bravura will offer fund managers and platforms a fully automated re-registration solution by connecting message providers with any platform and transfer agency back office system. The flow of information straight through to back office systems will provide the ability to re-register assets within just one day, it added. Babel's new enhancements will remove the need for time-consuming manual processes associated with the transfer of funds including ISAs, unit trusts and OEICs, the provider said. The solution will also...