Haitong goes live with GBST Syn~TAC

GBST Holdings Limited, a Sydney, Australia-based global provider of securities transaction and fund administration software for the financial services industry, announces Haitong International Securities Group Limited has successfully gone live with its Syn~TAC capital markets platform in line with a stipulated 12-week implementation timeframe.

GBST says Syn~TAC’s workflows cater for a wide range of scenarios to cover both standard market practices as well as those specific to Haitong International’s processes. This has resulted in a highly automated flow with minimal manual steps. A subsequent implementation phase, to be completed early next year, will see the configuration of further confirmation functionality.