Coexis and its Syn~ applications for the global securities industry were awarded a “positive” judgement by industry analyst Gartner in its MarketScope for Securities Processing Systems research. The report, published this week enables potential buyers and existing users to thoroughly understand the systems and vendors composing this market space. Applications from the 12 vendors were evaluated.
Coexis was one of four vendors to gain the “positive” accolade the others, all much larger, were Sungard, Broadridge and Thomson Reuters.
“This report clearly reveals the value of our model-based, next generation technology, which contains no legacy architecture, in enabling firms to flex their transaction processing systems rapidly to handle new products and markets throughout the globe,” says Sunil Shah, chief executive officer of Coexis. “This positive Gartner ranking is further borne out by what is happening in the marketplace. In the last 12 months many of the multi-site, multi-regional, big systems implementations have come Coexis’ way.”
D.C.