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GBST’s Syn~FTT wins Best Compliance Solution

Systems in the City Awards 2014 winners announced

GBST Holdings Limited (ASX: GBT) (GBST), a global provider of securities transaction and fund administration software for the financial services industry, is pleased to have been awarded Best Compliance Solution at the Systems In The City Awards 2014 ceremony.

An independent panel of judges verified the winners in each category which were announced at the award ceremony on the 3rd July by Richard Peers of Microsoft.

The award was won for GBST’s Syn~FTT, a standalone Financial Transaction Tax (FTT) processing solution for global tax requirements.

Architected to interpret and support country-specific FTT rules, GBST’s Syn~FTT is the market’s first strategic Transaction Tax platform with the ability to manage each country’s rules. The future-proofed, browser delivered, Syn~FTT solution leverages pre-configured FTT rules and workflow processing and is backed up by GBST commitment to help clients be EU FTT compliance.

Denis Orrock, CEO of GBST Capital Markets, said “we are delighted to have won this award as recognition of our innovative work that we have carried out over the past 18 months to ensure our clients are ready to meet the latest regulatory requirements.”