WALLSTREET BACKOFFICE FAST FACTS
- A European Bank consolidated operations of 17 countries in Asia Pacific to a single platform.
- A Tier 1 bank facilitates time critical liquidity injections, benchmarked at less than 5.2 seconds, into clearing systems to prevent settlement gridlock.
- The introduction of cross asset, bilateral and multilateral services allowed a major regional bank to reduce overall inter-bank settlement and reconciliation activity by 62%.
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