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Digital Keystone and Babel Systems announce new strategic alliance

Partnership will provide financial institutions with a scalable enterprise application solution

London 20th January 2014 - Digital Keystone, the leading provider of technology and services to the Wealth Management and Investment Platform markets, has today announced it has entered into a strategic partnership with Babel Systems Limited (Babel). The partnership joins Digital Keystone's Adaptive Portal with Babel's securities processing system to create a front-to-back solution that supports the full trade lifecycle for stockbrokers, hedge funds, direct-to-consumer (D2C) propositions and other financial institutions.

The Babel securities processing system offers rapid order routing and execution, seamless trade settlement and custody processing, and the automation of many corporate actions. It is a flexible system that fully exploits the latest available technology and industry standards to provide automated, real-time processing of equities, bonds and funds. The Babel system has been developed with a leading securities outsourcing company which has more than 12 clients using the system.

Digital Keystone's Adaptive Portal allows financial services companies to create user-centric portals for both B2B and D2C propositions that customise the customer experience. The Portal not only offers modern intuitive presentation layers for complex underlying systems, but also provides a platform for delivering third-party content and marketing initiatives. Built using the latest web technologies, the Portal is cross-browser and cross-device compatible, which reduces the need to develop multiple native apps for the ever increasing number of devices on the market.

Founder and CEO of DK, Graeme Gets commented, "The Babel system is the only new solution to enter this market for at least a decade, and the first developed using modern technologies. This strategic partnership will enable DK and Babel to offer an unrivalled solution to the Wealth market, making this a very exciting time for both our companies and our clients".

Founder and CEO of Babel Systems, Steve Wise said, "For us, Digital Keystone represents an ideal combination of flexibility and technical expertise. By working together, we have been able to create a unique solution for the Wealth Management and D2C propositions that are emerging in this dynamic market."

For further details or to arrange a demonstration of the software please call Justin Belcher on 07906 211032 or e-mail Justin.belcher[email protected]

-ENDS-

About Babel Systems
Babel Systems is a state of the art, securities processing platform for online trading providers, including WRAP service companies, stockbrokers and wealth managers. Unlike older trading and processing solutions, Babel Systems is a modern purpose-built solution that is capable of processing equities, bonds and funds whilst also ensuring regulatory compliance.

The Babel Systems team, collectively and individually, has many decades of business experience in the financial and information technology industries. Capitalising on this wealth of experience, Babel Systems has created the first new enterprise level product for over 10 years to support the multiple business models used by its clients. For more information please visit www.babelsys.co.uk

Source: RealWire

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