Global deals bolster Coexis headcount to 100 employees

London - 1 July 2008

London and New York based Coexis, a global provider of software for capital markets, announced today that following growth in demand for its next generation Syn~ software, the company has doubled its headcount in the last year to 100 employees.

Coexis operates in multiple locations including New York, Hong Kong, Singapore and Paris with a number of major investment banks and brokers who are implementing Syn~ applications for multi-site middle and back office securities processing, enterprise-wide reference data management, multi-exchange and multi-CSD (Central Securities Depository) solutions.

“Syn~ is increasingly recognised as the most modern suite of applications capable of delivering high STP/STEP (Straight Through Exception Processing) rates using automated interfaces and integrated real-time workflow and monitoring,“ said CEO, Sunil Shah. “A critical element of maintaining this lead is our on-going investment in technology and employing the right people to further research and development as well as service new clients.”

In addition, Coexis' partner in Asia, Hong Kong-based Serisys, has recently opened additional offices in Singapore and Tokyo which has extended the global support for Syn~.

Coexis has a strong pipeline of opportunities globally and continues to recruit personnel across multiple disciplines.

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