Serisys launches post-trade kit
26 February 2014 | 1120 views | 0
Serisys Solutions Ltd., the Asian leader in transforming financial markets with technology solutions, today launched ADYPT, a radically innovative trade processing solution that addresses the top concerns of middle and back office professionals.
ADYPT is also the first single, integrated solution that addresses both middle and back office and financial ledger; both securities products (equities, fixed income) and non-securities products (exchange traded and OTC derivatives, money market and FX); both own clearing and third party clearing; and both enterprise installation and Cloud / SaaS / ASP delivery. Its multi-market clearing and reporting modules provide centralised processing of transactions from any location.
According to the designer Tim Rhodes, ADYPT is more than a decade ahead of its nearest competitor in terms of business capability and agility. ADYPT will disrupt the middle and back office systems market by allowing banks and brokers to clear, settle and process trades much more flexibly, with a lower unit cost per trade, reduced time to market, and with greater capacity and security.
"We set out to overcome the shortcomings and frustrations users continue to have today with bespoke and packaged approaches to systems. ADYPT benefits from the team's past experiences and lessons learned; its use of open source and the latest advances in technology truly provide banks and brokers useful, tangible user benefits with a quantum leap in flexibility, efficiency, speed, capacity, security and auditability," said Dr. Rhodes.