HSBC will use GBST’s Syn~ platform under the arrangement, which processes equities, derivatives, fixed income and managed funds transactions for global markets.
“We are delighted to welcome HSBC as a new client of GBST,” GBST managing director Stephen Lake said.
“This contract is further validation of our Syn~ platform and demonstrates the continuing success of GBST.
“The growth of our business internationally enhances our capacity to support global financial services firms and we look forward to working with HSBC.”
GBST also features easy integration, which allows it to process post-trade requirements across a number of markets.
The company said its middle-office support will allow HSBC to “service new markets in a cost-effective and efficient way”.
