Serisys Solutions, a provider of IT solutions and services to the capital markets, announced today that it has signed a global agreement with ANZ for the implementation, roll out and
24×7 support of the Syn~ platform across its Global Markets business.
Serisys will implement Syn~ as ANZ Global Markets’ unified post-trade transaction processing system for multiple asset classes.
“We are delighted that ANZ has put its confidence and trust in Serisys and look forward to working closely with them. Their Global Markets business will quickly gain considerable processing efficiencies from Syn~ by settling all assets in all locations and time zones from a single, secure instance of the platform. ANZ will also benefit from Syn~’s integrated central reference data and counterparty management capabilities. A wide set of local regulatory reports and market interfaces will accelerate ANZ’s rollout,” said HK Mo, CEO of Serisys.
In addition to Serisys’ existing Syn~ live customers in multiple Asian markets, Serisys has now signed up three new customers in Asia, for whom Serisys is leading the Syn~ implementation.
Serisys is leading the delivery of the system to ANZ with support from the owner of the Syn~ platform, GBST.