Thomson Financial will now provide institutional stockbrokers and investment banks with a new global settlement solution.
CAPITAL ASP, the new solution, offers users the automated means to settle fixed income, equity and treasury and derivative products worldwide.
The solution offers, Thompson Financial says, a comprehensive back-office solution through the integration of its cost-pricing model and support services.
“We have changed the game by reinventing an institutional settlement system to leverage new technologies and innovation in terms of application, design, and functionality,” says Peter Hald, European managing director for Thomson Transaction Services. “Thomson CAPITAL ASP allows clients to benefit from enhanced economies of scale through a variable cost model while improving control of their business without the need to invest in costly infrastructure.”