Moscow Narodny Bank Chooses Gissing To Provide STP Solution
Gissing Software has entered into an ongoing partnership with Fingertip Developments, software specialists for the financial markets, to deliver straight through processing (STP) for the current and future functionality of the International Capital Market Association’s (ICMA) service, TRAX. Gissing Software and Fingertip Developments have been working together to supply Moscow Narodny Bank Limited (MNB) with Gissing Trade Capture and Fintracker to enable STP. MNB operates the combined solution to support its use of TRAX, which matches trades between counterparties and forwards trade details to the appropriate regulatory bodies. By combining technology from Gissing Software and Fingertip Developments, MNB has a platform on which to complete its reporting and support its bond business.