Babel Systems is an advanced web-based modular platform for automated real time processing of equities, bonds and funds. Its modular design allows companies to select components to suit their needs and to increase the scope or capacity of the solution when necessary.
The system is comprised of integrated modules that include custody, non-custody assets, corporate actions, settlement, payments, compliance, static data, fees/charges, transfers and documents, plus accounting and FX functions. Trading modules include order placement and fund manager execution for funds, as well as dealer and trade allocation for equities, and subsequent trade matching for CREST settlement.
Client-facing modules include portfolio management capabilities that offer visibility of custody holdings and accounting balances, as well as a range of reporting and modelling tools. Account owners and employees working within end-user firms also benefit from easy access to a range of sophisticated order processing applications. Babel Systems uses a Services Oriented Architecture (SOA) and is based on Microsoft .NET technology as well as the Spring.NET application framework.