Schroders will be extending its use of Bravura Solutions's GFAS transfer agency platform to support its global operations.
The software provider agreed a new five-year contract with Schroders and confirms GFAS as the firm's core transfer agency system. The relationship between Schroders and Bravura goes back eleven years.
Gary Janaway, head of operations Schroders Fund Services Luxembourg said: “Our relationship with Bravura Solutions is essential to the continued success of our business. This has recently been demonstrated through the successful implementation of a number of straight-through-processing enhancements, as well as a new alternative investment suite.”
The GFAS platform services over $550bn (€413.5bn) of funds across 15 countries. Assets under administration have risen by 30 % in the last twelve months alone.
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