GBST Aims to Hasten Tax Data Processing
GBST Capital Markets, a software and services provider, has launched a rules-based engine that it says will help firms manage existing and future taxes on financial transactions in a straight-through process.
The company has launched Syn~FTT in response to the new financial transaction taxes (FTTs) that have been imposed by the French and Italian governments, as well as those that other countries are planning to introduce.
Denis Orrock, London-based chief executive of GBST Capital Markets, says
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