Puilaetco (Belgium) Takes TSI Mercator FS For Back-Office Automation & STP
MIDDLEWARE & STP
BRUSSELS--Puilaetco, a Belgian investment bank, chose TSI Software's Mercator FS to automate its back-office processes and to help achieve straight through processing (STP) of equities and fixed income for 30 trading positions.
Puilaetco will deploy TSI's Mercator FS to map and reroute data from the Amsterdam Stock Exchange file and IBM AS/400 DB2 tables via the company's Merva/2 Swiss CBT system into Swift. The AS/400 data includes settlement instructions, Brussels Stock Exchange data, cash and
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