Syn~Ops Custody

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Overview

Automated and scalable settlement and asset servicing helping custodians deliver exceptional service to clients

Custody operations simplified

In global markets and across asset classes, Syn~Ops Custody allows you to focus on delivering exceptional service to your clients. Reduce your operational overheads and costs by efficiently processing settlements and automating corporate actions workflow.

The cloud-based platform also allows you to expand services with client account interest, margin cash and risk adjusted portfolio valuations.

Tools for streamlined operations

Gives your users the tools they need to operate as efficiently as possible. Syn~Ops Custody features include:

  • Connect directly to International Central Securities Depositories (ICSDs) or local Central Securities Depositories (CSDs)
  • Match and settle instructions through your international custodian network via two-way SWIFT messaging
  • Scheduled reconciliation of holdings against custodian/CSD statements
  • Generate additional revenue through stock lending held assets
  • Easy access to a diary of announcements received from sub-custodian for all mandatory and voluntary corporate actions
  • End-to-end automated corporate actions workflow from tracking entitlements to recording outcomes and calculating Withholding Tax

Delight your clients

Boost client satisfaction and retention with time saving process improvements and value-add features. Improve service by accepting instructions through various channels and by delivering daily and monthly multilingual statements and valuations.

You can also automatically credit or debit interest on client cash and margin account balances and schedule asset quality valuations for margin clients.

Cost savings in the cloud

Recognising the shift towards software as a service, Syn~ is cloud-ready and we’ve partnered with Amazon Web Services to host your installation on their global network. Alternatively, you can deploy Syn~ on your own Public or Private cloud.

Key Features

Efficient global operations

  • Multi-asset, multi-market, multi-currency
  • Straight through processing instruction matching and settlement
  • Automated end-to-end corporate actions
  • Real-time client and nominee account balances
  • Stock lending

Automation through direct connections

  • ICSD connections e.g. Euroclear, Clearstream
  • CSD connections e.g. ASX-CHESS, SGX-CDP, HKEX-CCASS

Support for value-add services

  • Client account credit and debit interest
  • Client margin accounts
  • Margin account valuations
  • Account sufficiency checks

Client reporting tools

  • Valuations in trade and base currencies
  • Multi-lingual client statements
  • Flexible reporting

Scalable deployment options

  • Flexible deployment options
  • Modern browser-based user interface

Access anywhere

  • Client and user level security
  • Multi-language capability
  • Tablet compatible

Syn~Ops Custody can operate as a standalone custody solution or integrate with other products from the suite - Syn~Finance for accounting or Syn~TAC for middle office trade processing.

Syn~Ops is also available as a clearing and settlements solution for investment banks and brokers.

Key Benefits

Lower operational cost through automation

Streamline your operations with efficient and integrated settlement and asset servicing, minimising manual tasks, associated errors and costs.

Improve data accuracy and quality

Bring all your settlements and asset servicing into a single system to avoid duplicated and siloed data, with exception management tools to help your team see and resolve issues fast.

Scale your capabilities

Support your future growth with this secure and scalable cloud environment that handles manage multiple regions in a single system.