Synergy Log-in's treasury products for HDFC Bank

By Our Corporate Reporter

CHENNAI: OCT. 21. HDFC Bank has secured the treasury software products from Synergy Log-in Systems. Called ITMS (Integrated Treasury Management System), the product is proving popular among the new generation private banks, according to a company release.

Earlier, this product was implemented at the Global Trust Bank's treasury in Mumbai, which is now the first site with all three modules running live namely fixed income, money market and foreign exchange. This was followed by a full functionality order from UTI Bank and this site is next in line for live status, with some modules already implemented.

The system incorporated by HDFC Bank involves significant systems integration work with the product suites of Sungard Risk Systems, U.S., one of the largest risk and treasury automation companies worldwide.

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Section  : Business
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