About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ANZ Global Markets to Use GBST’s Syn~

Subscribe to our newsletter

GBST, a global provider of technology services to the financial services industry, announces today that it has signed a long term agreement with ANZ for the deployment of GBST’s securities transaction platform, Syn~, for the ANZ Global Markets business.

ANZ will use GBST’s Syn~ platform as a complete post trade middle and back office solution. It will enable ANZ to process all types of assets within one system, including fixed income, treasury, equities, and complex OTC derivatives, giving ANZ Global Markets business transparency and control. It will also be used for central reference data management.

Stephen Lake, chief executive of GBST, says: “We’re very excited about expanding the good relationship we already have with ANZ in Australia to support the growth of their business globally. In addition to the existing GBST clients already live in multiple markets in Asia on Syn~, we have a further three new Syn~ implementations underway in Asia as well as our first Syn~ implementation in Australia, all of which are due to go live within the next twelve months.”

“We are very pleased with the momentum we are now seeing in our Global Broker Services Division after a period of heavy investment in the product and the restructuring of the business over the past two years. We believe the growth in interest we’re seeing in Syn~ validates it as the next-generation of technology for clearing and settlement in the capital markets.”

GBST’s Syn~ enables financial services organisations to grow their operations in multiple asset classes, markets and currencies in a controlled and scalable manner. The roll out of Syn~ into the Australian market will continue according to current plans with client commitments already in place for 2012 and 2013. GBST is delivering Syn~ to ANZ in conjunction with its Asian distribution and integration partner, Serisys.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The roles of cloud and managed services in optimising enterprise data management

Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality data, and delivering improved efficiency, better decisions and competitive advantage? This webinar will answer these questions,...

BLOG

SIX wins award for Best Data Provider to the Sell-Side in A-Team Group’s Data Management Insight Awards Europe 2023

SIX has won the award for Best Data Provider to the Sell-Side in A-Team Group’s Data Management Insight Awards Europe 2023. These annual awards recognise leading providers of data management solutions, services and consultancy to capital markets participants in Europe. SIX’s data provision to the sell-side was selected as an award winner by A-Team Group’s...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...