Bravura boosts JPMorgan’s UK operations

The local wealth management applications and professional service provider has worked with global financial institute, JPMorgan, throughout 2008 to complete the project.

Tony Klim, CEO of Bravura’s EMEA division said the UK Transformation Project consolidates JPMorgan’s UK product range onto a single platform – Rufus Global Transfer Agency (GTA).

“All milestones were achieved on time with no impact to the service provided to JPMorgan AM or its investors,” he said.

“The work was undertaken with staff from Bravura and JP Morgan’s London offices.”

According to Klim, product lines were transferred progressively to Rufus GTA, starting with the Personal Equity Plan in May 2008, followed by life funds in July 2008 and a Rufus GTA upgrade in September 2008.

The final migration occurred on 15 November when equities products were moved onto a platform.

Klim said Rufus GTA is a transfer agency administration solution.

The system is multi-currency, with integrated foreign exchange processing and is multi-lingual.

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