PRLog - July 8, 2014 - LONDON -- 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.”
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About GBST www.gbst.com
GBST (ASX: GBT), provides global technology services to the financial services industry, addressing our clients’ constant needs for innovation, competitiveness and responsive IT that truly enables business. Listed on the Australian Securities Exchange, GBST has offices throughout Australia, London, Hong Kong and New York as well as operations in Paris and Singapore. GBST can be contacted at www.gbst.com
About Syn~FTT (http://gbst.com/
Architected to meet each country’s specific Financial Transaction Tax rules, Syn~FTT is the industry’s only functional solution ready to manage in-country interpretations of Financial Transaction Taxes, globally.
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