Coexis, a provider of software for capital markets, announced that following growth in demand for its next generation Syn~ software, the company has doubled its headcount in the last year to 100 employees.
Coexis operates in multiple locations including New York, Hong Kong, Singapore and Paris, with a number of major investment banks and brokers who are implementing Syn~ applications for multi-site middle and back office securities processing, enterprise-wide reference data management, multi-exchange and multi-CSD (Central Securities Depository) solutions.
“Syn~ is increasingly recognised as the most modern suite of applications capable of delivering high STP/STEP (Straight Through Exception Processing) rates using automated interfaces and integrated real-time workflow and monitoring,” says CEO Sunil Shah. “A critical element of maintaining this lead is our on-going investment in technology and employing the right people to further research and development as well as service new clients.”
In addition, Coexis’ partner in Asia, Hong Kong-based Serisys, has recently opened additional offices in Singapore and Tokyo.