Commonwealth Bank of Australia buys CityNet Matching for CLS

Commonwealth Bank of Australia buys CityNet Matching for CLS

Commonwealth Bank of Australia (CBA) has purchased the CityNet Matching for CLS module for implementation in Sydney and London.

The module will replace a one-way match system in Sydney that interfaces between the client and CBA. In London it will replace a system that requires high levels of manual intervention, with users relying on running print report batches throughout the day.

The CityNet package offers full four-way matching, including the CLS status match.

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