Press releases

Coexis wins Leader in Innovation award for brokerage securities processing with Syn~.

London 1 December 2008 — Coexis, global providers of solutions for the securities industry, which is to be acquired by Australian GBST (ASX:GBT), is rounding off the most successful year in its history by winning the brokerage services category of the Financial-i Leaders in Innovation award.

Coexis to be acquired by Australian GBST

London dateline 2008   —  As part of its continuing expansion plans, global provider of software for the securities industry, Coexis has announced that it is in the process of finalising its acquisition by GBST (ASX:GBT) a leading Australian provider of securities transaction and fund administration software for the financial services industry.

Coexis ranked 92 in The Sunday Times Microsoft Tech Track 100

London 29 September 2008  —  Coexis, creator of Syn~ solutions for the global securities industry was ranked 92 in the The Sunday Times Microsoft Tech Track 100 list published in the Sunday Times yesterday

No-one rated more highly than Coexis in Gartner review of  securities processing vendors

London 25 September 2008  —  Coexis and its Syn~ solutions for the global securities industry were awarded a “positive” judgement by leading industry analyst Gartner in its MarketScope for Securities Processing Systems research.

Coexis hires key man for Asia operations and Singapore expansion.

London 18 August 2008 — As part of its continuing expansion in Asia-PAC, global provider of software for capital markets Coexis has hired Ian Stephenson, Lehman Brothers’ former head of IT in Singapore and Operations Technology in Asia, as head of operations in the region. Based in Singapore, Ian will initially focus on managing  local implementations.

Global deals bolster Coexis headcount to 100 employees

London 17 June 2008— London and New York based Coexis, a global provider of software for capital markets, announced today that following growth in demand for its next generation Syn~ software, the company has doubled its headcount in the last year to 100 employees.

Modernity, flexibility and scalability of Syn~ solutions secure global deal for Coexis from CLSA for securities processing and enterprise-wide data management.

London, Hong Kong and New York 13 November 2007 — London and New York-based Coexis announced today that it has signed a global contract with Hong-Kong based CLSA Asia-Pacific Markets (“CLSA”), Asia’s leading independent investment banking and brokerage services provider. The agreement is to deploy Syn~ for securities processing and enterprise-wide reference data management. Syn~ will be the primary processing system for CLSA Transaction Management at its Global Operations Centre in Singapore. Syn~ will then be further deployed in 9 regional offices in addition to London and New York.

Coexis benchmark proves enterprise scale on a tiny Linux footprint for Syn~Settlements – over 100,00 trades per hour recorded.

London and New York 22 October 2007 — Coexis, a global IT provider of next generation software for capital markets has announced new benchmark results showing high performance and linear scalability of Syn~Settlements on an open source Linux/HP platform with just six  X86 processors (including the database server).

Penson Financial Services introduce STARS, a new outsourced settlement platform for institutional clients underpinned by Syn~ architecture.

LONDON (UK)—1 October 2007—Penson Financial Services Ltd (PFSL), the UK based clearing services subsidiary of Penson Worldwide, Inc. (NASDAQ: PNSN), today announced that it has incorporated Syn~ as the mid- and back-office clearing and settlement solution for STARS (Solution for Transaction Administration and Real Time Settlement) for its institutional clients.

Coexis showcases one-stop brokerage software solution for international markets, including China, at SIFMA’s 34th annual Operations Conference and Exhibit. April 29 – May 2, Florida on Booth 504.

New York and Kissimmee, FL, 30 April 2007 — Coexis, a global IT provider of next generation software for capital markets is anticipating US investment firms’ increasing requirement for brokerage solutions which meet international requirements, including those of China, with the availability of
Syn~Broker, which the company is showcasing at this year’s Florida SIFMA event.

Sunil Shah organises trek to Everest Base Camp this October 2007

to help raise money again for Sense International, which is the only UK charity that seeks to assist some of the most disadvantaged children in the world who are both deaf and blind. 

Coexis announces Syn~Broker to reduce brokerage risk and aid compliance, especially in emerging markets.

London, Hong Kong and New York, 28 March 2007 — London and New York-based Coexis Limited, today launched Syn~Broker as a new addition to the Syn range of next generation software appliications for capital markets.

Coexis announces strategic partnership with Hong Kong-based Serisys and readies Syn~ capital markets software for China.

London, Hong Kong and New York, 28 March 2007 — London and New York-based Coexis Limited, today announced a strategic partnership with Chinese IT services provider Serisys Solutions Limited to sell and support Coexis’ Syn~ development technologies and capital markets applications in Asia Pacific, especially China.

Coexis strengthens US team with Dave Allen to head business development.

New York, 24 October 2006 — Coexis Limited, IT providers of next generation software technology and applications for international capital markets has appointed Dave Allen as vice president of business development for US operations.

MUSI goes live with Syn~ for fixed income settlement.

London – 3 April 2006 — Mitsubishi UFJ Securities International plc (MUSI) is now live with Syn~ for managing equities, bonds and reference data.
Mitsubishi UFJ Securities International (MUSI) has gone live with Syn~Settlements from Coexis. The ADP Wilco Gloss system has been turned off and the implementation project to standardise on Syn~ for workflow and lifecycle management of all MUSI’s cash markets settlements is complete.

Atos Euronext Market Solutions announces strategic investment in Coexis.

London, UK – 2 March 2006 — Atos Euronext Market Solutions (AEMS), the leading global provider of IT solutions for exchanges, clearing houses, banks and intermediaries, has announced today that it has made a strategic investment in Coexis Limited, an IT provider of next generation software technology and applications for international capital markets.

“ This investment will allow AEMS to continue to exceed the demands of its global customers for cost-effective, flexible and scalable leading-edge trading, clearing and trade processing solutions,” said Jean-Marc Bouhelier, CEO of AEMS.

Coexis and Swisscanto Funds Centre team up to provide Syn~FundsSupermarket ASP service for Cantonal Banks.

16 November 2005 — Coexis and Swisscanto Funds Centre Limited have introduced an ASP (application service provider) service to extend the mutual fund processing facilities offered to the Cantonal (regional) banks in Switzerland. So far 13 Cantonal banks have signed up for the service and moved into live production, which is based on Coexis’s Syn~FundsSupermarket application.

MUSI selects Syn~ for bonds settlement.

London 11 July 2005 — Mitsubishi UFJ Securities International plc (MUSI), formally known as Mitsubishi Securities International has selected Syn~ from Coexis to replace the existing ADP Wilco Gloss system for managing its bond business. Syn~Settlements was chosen following a rigorous competitive evaluation and the new system is expected to go live at the end of 2005.

Roy Staines – former President of ADP-Wilco – to head up US operations for Coexis.

LONDON-10 January 2005 — Coexis, providers of process-oriented and rules-based software across the whole spectrum of commercial banking has announced the appointment of Roy Staines as managing director of US Operations.

Board meeting at Coexis takes place in Kibo Hut, 15,420 feet up Mount Kilimanjaro.

Kibo Hut, Mount Kilimanjaro - 13 October 2004 — Terry Williams appointed Chairman during charity walk which raised over £120,000 for Sense International.

City gents and ladies hope to raise £100,000 with Kilimanjaro trek for Sense International to help the deafblind.

Mount Kilimanjaro 8 - 16 October 2004 — A group of 33 professionals working predominantly in financial services and IT in the City of London, including more than a handful of millionaires, expect to raise more than £100,000 for deafblind charity Sense International by trekking up Mount Kilimanjaro in Tanzania. The trek to reach the 19,344 ft summit will take place between 8 - 16 October 2004.

Hank Uberoi former Goldman Sachs Technology Co-COO takes stake in Coexis and position on the board

LONDON – 22 June 2004 — Coexis, providers of process-oriented and rules-based Syn~ software for the whole spectrum of investment and commercial banking, has announced the appointment of Hank Uberoi to the Board as non-executive director following his investment in the company.

Marco Polo Network New York chooses Syn~SmartFIXRouter to open up emerging markets with Trade Traveller™

LONDON-10 May 2004 — Coexis has implemented Syn~SmartFIXRouter, a FIX cross border, real-time order routing system for emerging markets to create a service called TradeTraveller™, for Marco Polo Network in New York. Syn~SmartFIXRouter accepts orders from the buy side in the developed markets and routes them to an execution venue in one of several emerging markets, such as South Africa, which was first to go live (April 2004).

Donal O'Brien departs CTO role at ADP Brokerage Services for Coexis

LONDON - 10 May 2004 — Coexis, providers of Syn~ process-oriented and rules-based software across the whole spectrum of commercial banking has announced the appointment of Donal O’Brien as director of business development.

Kilimanjaro challenge

LONDON - 18 April 2004 — Coexis COO is looking for like-minded trekkers to climb Mount Kilimanjaro and raise money for deafblind people.

Swissca feels benefit of Syn~FundsSupermarket’ technology independence with switch to Oracle

LONDON: 12 June 2003 — Swissca Securities Limited, the London-based funds management and broking services provider, has recently switched to Oracle for its database platform and experienced at first hand, the benefits of using the technology-independent Syn~FundsSupermarket application from Coexis.

Inaccurate reference data costs industry millions a year

Average direct costs for a mid-sized broker-dealer are $1.4 million per annum.
LONDON - May 15 2003 — An audience of 40 senior managers from 30 leading financial institutions heard that inaccurate reference data costs the industry millions a year, at a seminar, jointly organised by Coexis and City Consultants and held at the City Club, Old Broad Street, this week.

Coexis announces next generation software for capital markets.

London March 27th 2003 — The first three applications to make use of Syn~'s revolutionary technology cover settlements, order routing/funds supermarket and counterparty reference data management.

Syn~ Technology Overview

London March 27th 2003 — Syn~ is a component based framework that facilitates the creation of enterprise-strength, distributed transaction-processing applications. It comes with a powerful and extensive library of components that can be used for creating applications to support the transaction processing in various industries, especially finance.

Syn~Apps set to revolutionise provision of software to the industry.

London March 27th 2003 — New approach delivers highly personalised, obsolescence-proof applications without incurring high cost of customised systems.

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