Global Link enhances GTSS

Global Link has recently released an enhancement to GTSS, the real-time, multi-counterpart confirmation and matching system.

First Published by e-Forex News: April, 2004

Global Link has recently released an enhancement to GTSS, the real-time, multi-counterpart confirmation and matching system. GTSS now has the ability to generate return MT300 status messages to its SWIFT enabled clients. These return messages allow sell side users to maximize the benefits of their internal STP solutions.
Initially released in July of 2002, GTSS has 25 Banks and 35 Asset managers using the system to confirm their FX trades. It is designed to complete the confirmation process within minutes of the original transaction, allowing parties to focus quickly on transactions at risk. In 2003, GTSS confirmed over 150,000 trades and is on track to double that number this year.