diff --git a/CHANGELOG-draft.md b/CHANGELOG-draft.md
index f27ce84539e..3c890b7e2e1 100644
--- a/CHANGELOG-draft.md
+++ b/CHANGELOG-draft.md
@@ -32,6 +32,8 @@ THIS FILE ACCUMULATES THE RELEASE NOTES FOR THE UPCOMING RELEASE.
 
 ## Features
 
+* Bump SFTD to 2.0.127 (#1745)
+
 ## Bug fixes and other updates
 
 * Remove support for managed conversations in member removal (#1718)
diff --git a/charts/sftd/Chart.yaml b/charts/sftd/Chart.yaml
index 7dd0e89ab84..bd8b66f8026 100644
--- a/charts/sftd/Chart.yaml
+++ b/charts/sftd/Chart.yaml
@@ -11,4 +11,4 @@ version: 0.0.42
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
-appVersion: 1.0.88
+appVersion: 2.0.127