Riva Financial Systems has completed the second major phase of the launch of its Riva Transfer Agent software solution.
The solution has been deployed across the entire transfer agency systems of asset manager Franklin Templeton Investments, following the firm’s transition to the system for its UK operations.
Riva’s solution is a single transfer agency solution designed to be flexible, global and scalable, functioning wherever funds are sold or supported. It also offers fast time-to-market administrative solutions in new and existing markets.
Ghassan Hakim, CEO of Riva Financial Systems, said: “We are very pleased to announce that Franklin Templeton has successfully transitioned its UK transfer agency operations to Riva’s software.”
“The ability to administer these UK-domiciled products alongside the firm’s entire international cross border fund range allows Franklin Templeton to maximise the operational efficiencies offered by a truly global transfer agency system such as Riva TA.”
Basil Fox, president of Franklin Templeton Investor Services, added: “The successful conversion of our UK product range to the Riva TA system realises one of the great benefits of our strategic partnership with Riva by enabling us to service multiple investment products on a single system, which for a large global asset manager such as ourselves represents a very exciting milestone.”
