The Bank of New Zealand has upgraded all of its New Zealand-based trading floors with IPC IQMX Enterprise solutions from IPC Systems, replacing the existing BT TDM equipment and technology with IP-based communications.

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Centurion Bank of Punjab is deploying SuperDerivatives’ SD-Banks multi-asset derivatives platform, together with its SD-IR interest rates module, providing the bank with full pricing and risk control, strategy building, sophisticated sales tools and online execution.

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Prudential Asset Management has selected Impact Investing’s IMPACT system as its strategic model construction tool to be deployed and used in the company’s offices throughout the Asia Pacific region.

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Hong Kong listed Wing Hang Bank has signed a deal that will see apps and software company Misys install an advanced treasury and capital markets software solution in the bank’s Hong Kong Head Office and its subsidiary bank’s operation in China.

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Interdealer broker ICAP has expanded its presence in the Middle East, with a new EBS Prime customer in the Kingdom of Bahrain. The Bank of Bahrain & Kuwait (BBK), based in Bahrain, went live on EBS Prime on March 26. EBS Prime is a facility that enables customer banks to view and trade on the best prices available on the EBS system.

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Longtop Financial Technologies, a software developer and solutions provider targeting the financial services industry in China, has signed an agreement to provide data integration solutions to China AMC, one of China’s largest asset management firms.

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Telstra Super, Australia’s largest corporate superannuation fund, is live on the Charles River Investment Management System (Charles River IMS) for automated portfolio management, trading and compliance monitoring of its inhouse Australian equities, futures and options operations. This follows the announcement of the selection of the Charles River IMS by Telstra Super late last year (AsiaMarketsIT.com, December 5 2007).

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Longtop Financial Technologies, a software developer and solutions provider targeting the financial services industry in China, has completed implementation of Swift connectivity for China Development Bank. Longtop has developed a proprietary Longtop Message Process System (MPS) for the Swift messaging protocol, for which it claims the biggest market share among banks in China connecting to the Swift network.

RiskTech, provider of enterprise risk management and risk technology services, has appointed Simon Lee as head of RiskTech Asia-Pacific in the run up to establishing a new regional headquarters in Kuala Lumpur to cater to the Asia-Pacific market. Prior to joining RiskTech, Simon was with SAS where he was responsible for the implementation of risk management solutions in Asia.

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EastWest Banking Corporation in the Philippines has become Financial Architects’ (FinArch’s) first Asian customer for its Financial Studio solution. The bank will use the solution for its Financial Transformation Program (FTP), which starts with the implementation of a sub-ledger that will provide greater granularity in MIS and profitability reporting, says the bank.

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Alliance Bank Malaysia Berhad, an integrated financial services group offering end-to-end financial solutions across Malaysia, has implemented Algorithmics’

Algo OpVar Standard Edition solution for identifying, measuring and mitigating operational risk. The implementation was carried out during the past seven months and will provide Alliance clients with an integrated platform to identify, collect and manage operational risk, Algorithmics says.

Australia’s Eclectic Capital Management, a manager of long/short equity strategies, has selected Impact Investing’s IMPACT solution as its strategic portfolio management and construction tool. IMPACT will support Eclectic’s structured management approach to oversee investment risk, long/short position analysis and in articulating its investment process to clients, prospects and consultants.

China Minsheng Banking Corporation is working with Longtop Financial Technologies to develop software and solutions for the bank’s anti money-laundering system. The agreement is part of Longtop’s strategy of extending its experience in software development for state-owned banks into the commercial banking sector.

NetSol Technologies, provider of IT services and enterprise software, has signed a contract with a bank in Pakistan to assess its readiness and to help it conform to the framework of the Basel II capital accord. NetSol will help assess the readiness of the bank in adopting the Internal Ratings Based approach of the Basel accord for credit risk. State Bank of Pakistan has been very proactive in encouraging the banking industry of Pakistan to fully adopt the Basel II accord, according to NetSol.

China Everbright Bank, China’s first nation-wide joint-stock commercial bank with State Government as controlling shareholder and equity investment from international financial institutions, has signed a deal with Misys to install trading and compliance software solutions in its treasury and capital markets business.

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Mitsubishi UFJ Asset Management (MUAM), a Japanese asset manager with ¥7.6 trillion of assets under management and a group company of Mitsubishi UFJ Financial Group, has implemented the Charles River Investment Management System (Charles River IMS) to automate its front and middle office international fixed income investment operations.

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GL Trade, provider of integrated multi-asset and multi-market software solutions, has signed its seventh financial company to GL Clearvision, its middle office solution for clearing listed derivatives on the Singapore Stock Exchange (SGX).

MIDF Amanah Investment Bank (MIDF Investment) has chosen IQ/MAX, the VoIP-powered digital console system from IPC Systems, to replace its existing equipment and technology. This win signifies the largest supply of IQ/MAX to date in Malaysia, which IPC considers a key growth market. IPC provides IP-enabled trading infrastructure that includes disaster recovery and compliance-related functionality, with the IQ/MAX turret, its second generation trading console.

Japan’s Mitsubishi UFJ Securities (MUS) has completed the first phase roll-out of a new algorithmic execution service based on technology developed by UK vendor Fidessa.

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Risk and compliance specialist Fortent says Mizuho Financial Group , with assets of close to $1.3 trillion, will implement Fortent’s anti-money laundering (AML) solution throughout its domestic Japanese operations. Mizuho will deploy Fortent AML Version 6 – the latest version of Fortent’s AML system that features enhanced correspondent banking capabilities and alert investigation tools. Fortent has fully localised AML Version 6 for the Japanese market, it says.