HSBC has enlisted the services of trading technology company GBST's Syn~ platform to manage some of its dealer-broker transactions.
The global bank will employ the new-generation Syn~ platform for third party clearing, GBST managing director Stephen Lake announced yesterday.
"This contract is further validation of our Syn~ platform and demonstrates the continuing success of GBST," he said.
The Syn~ platform has been designed to allow capital markets participants to efficiently process equities, derivatives, fixed interest and managed fund transactions, GBST said.
