Fedwire & Foreign Exchange
Global Funds Exchange (GFX)
GFX Foreign Exchange (GFX2)
Global Securities System (GSS)
Overview | Benefits | Frequently Asked Questions
GSS Overview
The Global Securities System (GSS) is an all-in-one tool for automating your bank’s National Book Entry System (NBES) securities activities. Combining the ability to process all primary and secondary market transactions, it uses the same easy-to-use interface as BankServ's GFX wire payments software. Through a real-time link with the Federal Reserve Bank, GSS works to execute securities trades either as a stand-alone application or in concert with in-house trading systems.
BankServ, which is fully certified by the Federal Reserve Bank as an NBES vendor, developed GSS to accommodate all possible types and formats of securities transactions. Our system also streamlines the order-entry, accounting and record-keeping process — whether your bank is handling trades for brokerages, individual account-holders, or for its own investment purposes.
With GSS, your bank will have access to a comprehensive suite of functions to make securities processing simpler:
Automatic matching against anticipated trades
You'll also benefit from the same robust set of security features that has made BankServ's GFX system among the most trusted in the industry.
No matter whether your institution carries out a few trades a day or thousands of them, BankServ can handle all your needs in the securities market. And if you're considering GFX for your Fedwire business, GSS is the perfect complement to form a complete wire payments package.
Contact sales to learn more.
