Unisys Corporation has received a contract from Sun Hung Kai Financial (SHKF) to build a fully integrated securities trading system. The system is intended to help SHKF expand its presence in the securities market.
SHKF is the largest non-bank financial services provider in Hong Kong. The new trading system is a part of an SHKF initiative to enhance its end-to-end brokerage processes and consolidate business operations such as order management, trade management, clearing and settlement, risk management, mid-and-back-office functions and data center operations.
“Our strategic deployment of the latest and best suitable technology will enhance trading transaction speed and capacity and strengthen risk management, improving the quality of service delivered to our clients,” says Joseph Tong, the executive director and CEO of Wealth Management, Capital Markets and Brokerage at SHKF. “The new technology will also enable us to capture immediate and new market opportunities and achieve growth in market share.”
“Leveraging Unisys services skills and expertise in deploying open platform solutions for enterprises gives us a great advantage,” adds Carl Chan, the CTO of SHKF. “This is a new phase in the continuous technology improvements SHKF is making to enhance our trading platform. These improvements will enhance our day-to-day business operations by integrating major business processes. They will also sharpen the focus on customers’ key interests, enabling us to offer better and more efficient services with enhanced ease of access.”