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.
Syn
Broker is
a state of art solution enabling ASPs (Application Service Providers)
to give entire markets a one-stop brokerage application covering
everything from customer on-line trading, order management and settlement,
right through to accounting. Syn
Broker also
meets the needs of large multi-branch retail brokers requiring rich
functionality in-house.
Roy Staines, managing director of US Operations for Coexis said: ”Further Chinese de-regulation of capital markets in October of this year is already gaining a lot of interest in the US financial market. Many larger US institutions already have a branch in China or are creating relationships with Chinese brokers. Coexis is first to be ready with modern software to meet Chinese requirements and functionality. We can help firms benefit from this exciting growth market by establishing a fully automated, exception-based, workflow-driven back office solution in short timescales, which reduces brokerage risk by easing compliance and improves client servicing.”
Together with Serisys Solutions, its local Chinese partner, Coexis
has modified Syn
Broker to create a Cantonese user interface and
connectivity to CCASS in Hong Kong and the Shanghai and Shenzhen
exchanges.
About Syn
and
Coexis
Coexis, the creator of Syn
®,
is an IT product provider with 30 years’ experience of meeting the software
needs of businesses in the international capital markets. Syn
applications
take advantage of a rules- and lifecycle-based approach which free
users from the high cost of bespoke solutions and the rigidity of
off-the-shelf packages. Applications include Syn
Broker, Syn
Settlements, Syn
Customer, Syn
FundsSupermarket, Syn
Struct and Syn
FixRouter.
-ends-
Further information from:
Roy Staines, managing director, US operations. Coexis Inc 75
Broad Street New York
NY 10004
T: +1 646 649 9380 E: roy.staines(at)coexis.com
Sunil Shah, chief executive officer. Coexis Limited 1 High Street
Rickmansworth
Herts WD3 1ET UK
T: +44 (0)1923 720477 E: sunil.shah(at)coexis.com
