ADP Brokerage Services Group is implementing Staffware's workflow and business process management (BPM) software, Process Suite, to automate and improve delivery of targeted applications.
An equity trade reconciliation application will be the first service bureau targeted for automation by the Staffware system.
ADP says Process Suite will support its Brokerage Processing Services (BPS) clients that rely on this multi-currency product for real-time equities, options, fixed-income and mutual funds processing.
The vendor says users will directly benefit from the software's capability to process more efficiently, further reduce human error and increase transaction speed.
Marianne Brown, senior vice president and general manager of ADP BPS, says: "Staffware clearly demonstrated how we can enrich our client experience with enhanced workflow efficiency and ease-of-use to manage and provide operational efficiencies."