Global Link upgrades matching
The main change to Global Trading Support Services II (GTSS II), dubbed version 2.6, is that banks may now receive an MT300 ‘return Swift message’ when an investment manager uploads a transaction into GTSS. "Just about all banks already have automated systems that accept these messages into back-office systems. It’s the standard for interbank deals," said Andrew Cromie, vice-president of Global Link in Hong Kong.
"It effectively means the bank does not have to change back-office procedures to
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