Hong Kong investment company CMB International has selected the post-trade processing platform from Serisys Solutions, Adypt, for its capital markets businesses. CMBI will begin its roll out of Adypt in the portfolio management area.
"We are delighted that Adypt will provide us with a competitive advantage in clearing, settling and processing trades much more flexibly, with a lower unit cost per trade, reduced time to market, and with greater capacity and security," says Joseph Lee, COO of CMBI. "Being able to fix our issues in the back office in the portfolio management area so quickly and nimbly, yet with a strategic platform, is one bonus. Having a Hong Kong-based technology provider with such deep international experience in this area to partner with us on this journey is an added bonus."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails