GBST has developed a new version of its Syn~ application to work with Omgeo’s Central Trade Manager.
The application provides an automated solution for the central matching of cross-border and domestic transactions.
Syn~ was created in response to the demand by market participants for lower costs and operational efficiency. It can reduce manual intervention and minimise exceptions and user intervention.
Denis Orrock, chief executive of capital markets at GBST, said: “The certification of Syn~ by Omgeo demonstrates our commitment to our global client base to provide greater control in post-trade processing and transparency.”
“Syn~ also seamlessly interfaces to Omgeo Oasys Direct and Omgeo Alert.”