Brokerage firms, today, thrive on being cost effective, efficient, and in offering rapid time-to-market solutions.
Ecetra, Austria’s largest retail and savings bank, required a real-time and STP-oriented securities back-office infrastructure to supports its Web-trading system for order acceptance, management and routing operations.
With Securities Processing solution from TCS BaNCS, Ecetra was able to manage real-time order processing and balance updates. Further, it helped Ecetra achieve a high level of efficiency and automation in its brokerage operations.
TCS BaNCS was able to meet the expectations of high STP rates and also provide superior levels of availability. The solution seamlessly integrated with front-end order management systems and supports the entire value chain–from order acquisition and execution, client accounting, settlement and control to reporting, and financial accounting.
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