Syn~ correspondent clearing solutions

Syn~ correspondent clearing solutions are designed to support true multi-client operations where individual data is securely segregated client to client and efficiencies can be maximised for operations that are common across clients.

Undoubtedly, attracting and retaining customers, maintaining a tight rein on IT and operational costs without sacrificing the ability to scale-up rapidly in response to demand, are some of the challenges that correspondent clearers seek to overcome.

Syn~ correspondent clearing solutions support any combination of shared or correspondent specific data enabling optimisation of operational effort and at the same time providing either a correspondent view or a clearer view of all activities. All functions, including output, can be tailored to be correspondent specific.

Competition is always strong and for many, driving the highest levels of customer service is the goal and best path to winning and retaining client business.

Syn~ solutions support the rapid and cost-effective configuration of personalised services for individual clients, enabling you to deliver a menu of service, unique to each client. Syn~’s ability to scale and deliver high performance from a small IT footprint contribute significantly to the correspondent clearers’ need to manage costs, attract and retain customers.

Benefits

• True secure and efficient multi-client operations
• Individually personalised menu of service per client
• Driven by a single transaction engine
• Scalability on a low-cost IT infrastructure

Syn~ solutions are suitable for both outsourcing and insourcing and designed for specialist clearers, global investment banks and custodians. They provide full support for both Model A & Model B clearing (i.e. where the transaction are on or off the balance sheet of the Clearer) by interleaving the operations of the correspondents within a single system.

Products for correspondent clearing include:

Syn~Middle Office

Syn~Back Office

Syn~Ledger