Maybank Kim Eng, a Singapore-based brokerage, has deployed Fidessa’s equities order management and execution platform as its Asian trading solution for global clients.
The implementation was achieved through an integrated mobilisation of teams on both sides, a partnership that resulted in the simultaneous rollout of the platform to traders in ten different countries, says Fidessa.
Ami Moris, regional head, equities, at Maybank Kim Eng, said Fidessa’s technology was a necessary upgrade to rationalise and deliver a globally competitive service to clients. “For us, the solution offers the flexibility and scalability we need,” she said.
Jean-Pierre Baron, managing director for Fidessa in Asia, said the firm’s specialisation in Asian trading had been key to its recent success in South-East Asia. “We invest heavily in adapting our system to the geographic and regulatory diversity of the region,” he said. “Partnerships such as this one have raised the functional coverage of our system, particularly with regards to pre-trade risk checks and synchronisation with local rules.”