JP Morgan Chase Bank has signed a five-year agreement with wealth management software supplier Bravura Solutions to use its Rufus transfer agency platform.
The agreement, which commences in August 2009, extends JP Morgan’s existing relationship with Bravura through its Worldwide Securities Services division, which provides transfer agency services in Dublin and Luxembourg.
It follows an announcement by JP Morgan that it intended to launch UK Transfer Agency, with JP Morgan Asset Management Marketing as its first customer.
The agreement demonstrates Bravura’s capability to support the transfer agency industry across Pan European markets, said Bravura group chief executive Simon Woodfull.
