Multrees, the independent custody and consolidated reporting specialist for wealth managers and family offices, has signed a contract with UK-based Babel Systems to provide its securities processing software.

Babel Systems’ web-based modular platform for automated, real-time processing of investment instruments will be a vital part of Multrees’ service offering, Multrees said in a statement about the contract.

Order routing and execution, trade settlement, custody processing and automated corporate actions across asset classes and currencies are part of the Babel Systems order routing process.

To see an interview last year with Multrees, click here.