Syn~BackOffice focuses on the confirmation and settlement of trades through to updating the general ledger, though is adaptable to meet individual requirements.

Who uses Syn~BackOffice?

~ Institutional stockbrokers
~ Global investment banks
~ Prime brokers
~ Third party clearers
~ Agency clearers
~ Custodians

Key features of Syn~BackOffice include:

  • Trade validation

    • Amendment, cancellation, trade audit, search and enquiry

    • Settlement instruction generation

    • SWIFT indicators, pre-matching

  • Settlement instruction shaping, settlement tracking, fails management

    • SWIFT indicators, pre-matching

  • Position keeping

  • Safe custody

  • Cash management

  • Trading ledger

  • Reference data

Syn~BackOffice

In most circumstances Syn~BackOffice focuses on the confirmation and settlement of trades through to updating the general ledger, though is adaptable to meet individual requirements.

Syn~BackOffice provides flexible functions to support an investment bank’s operational activities in the back office:

  • Settlement Instruction generation

  • Settlement Instruction Matching and Shaping

  • Fails Management

  • Position Management

Following trade enrichment with SSIs in Syn~MiddleOffice, the system can then determine how to instruct settlement. This generation supports SWIFT (ISO 15022), CREST, CCASS, Euroclear (via SWIFT) and XML settlement instruction methods.

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