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HSBC Trinkaus & Burkhardt Acquires "Geos"
New Software for Transaction Banks:
Already Setting Standards in Austria
FRANKFURT, 11 November 2002
In the race to set up a powerful transaction bank,
the Geos processing system has already notched up a stage victory. On the first
weekend in November, the private bank, HSBC Trinkaus & Burkhardt KGaA (T&B) of
Düsseldorf migrated its entire securities processing system to the Geos
software solution from SDS Software Daten Service GmbH of Vienna.
The migration
was seamless according to Paul Hagen, a T&B partner. A solid 50,000 trans-actions
per day were processed in the first few days of live operation, and considerably
more were handled in the test runs. The high volumes can be attributed to T&B's
clientele of ap-proximately 20 brokers and investment houses. The next project
for migration to Geos will be the S-Broker securities processing system - the
savings banks online stock market platform.
... read the entire article (PDF) (~75KB)
All rights reserved. © F.A.Z. GmbH, Frankfurt am Main
GEOS live at HSBC Trinkaus & Burkhardt
Press release, 1 November 2002
We are pleased to inform you that GEOS, our state-of-the-art securities processing
software solution, is in operation at HSBC Trinkaus & Burkhardt since November 1st
2002.
HSBC Trinkaus & Burkhardt is the leading German private bank in the area of asset
management. Due to its large transaction volume, the bank has particularly strict
requirements as regards to the functionality, performance and availability of its core
banking system.
... read the entire article (PDF) (~85KB)
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