Serisys Solutions has opened its South East Asia headquarters based in Singapore as part of its growth strategy in the region. The vendor points to the country’s recent infrastructure and regulatory developments as proof of its status as a leading financial centre in the region and its suitability as a hub for Serisys’ operations.

READ THE REST

Following the opening of a Beijing office at the end of last year, DST International (DSTi) has opened a new office in Shanghai’s financial district in order to support its plans for expansion in the Chinese market.

READ THE REST

A little over a year after quietly acquiring it – and just a few weeks after replacing Fredy Bush as CEO – Xinhua Finance has agreed to sell Kinetic Information System Services, along with sister Xinhua unit Mergent Inc., to a private equity fund, Carousel Capital Partners III. The deal, valued at $93.5 million, makes good on Xinhua Finance’s recent strategic decision to shift emphasis to its Chinese operations, and emerged to coincide with the company’s annual general meeting on June 25.

READ THE REST

China’s financial information and media service provider Xinhua Finance has promoted the current company president, Jae Lie, to be CEO, and the current vice chairman and CEO, Fredy Bush, will take the executive vice chairman role.

READ THE REST

FFastFill has acquired Exchange Technologies, an Australian company specialising in the provision of middle office software in the APAC region with 16 customers including 12 global banks – three of whom are new customers for FFastFill – to support the Group’s Asia Pacific and middle office strategy.

READ THE REST

BNY ConvergEx Group has expanded its reach into the Asian market with the launch of a new office based in Hong Kong under the moniker Eze Castle Software - Asia Pacific Ltd. R.G. Manalac, who is currently managing the company’s West Coast operations and is director of consulting at Eze Castle Software, will run the office.

READ THE REST

EDGAR Online has formed a deal with the Korea Information Service (KIS) to deliver South Korean public company fundamental data via its I-Metrix Products in the eXtensible Business Reporting Language (XBRL) format.

READ THE REST

With the aim of expanding its presence in Japan, Quantifi, an analytics and risk management solutions provider to the global credit markets, has formed a partnership with Rickie Market Solutions (RMS).

READ THE REST

29West, a provider of low-latency messaging technology has partnered with Intelligent Wave (IWI), integration specialists in network technologies serving the financial services industry, so that IWI will provide 29West ultra-low latency solutions and technical support to securities firms and other financial institutions in Japan.

READ THE REST

Bank of New York Mellon Corporation-owned fund management systems specialist Eagle Investment Systems is opening a new Asia Pacific office in Sydney, Australia.

READ THE REST

Independent electronic foreign exchange (eFX) trading technology provider Integral Development is opening an office in Hong Kong to expand its sales organization to eight offices. The company has also hired Margaret Ma as the office’s first sales executive. Ma recently ended a 13-year career at EBS in Hong Kong where she participated in the introduction of both eFX and fixed income products, including NDFs in regional currencies.

Enterprise data fabric provider GemStone Systems and Talentain Technologies, a niche enterprise solutions company, have formed a partnership to deliver high performance computing solutions to the markets in India, the Middle East and South East Asia.

READ THE REST

Indian fintech vendor I-flex is changing its company name to Oracle Financial Services, to reflect its “close strategic and operational alignment” with parent company Oracle, which holds a 81 per cent stake in its business.

READ THE REST

US-based high-performance messaging middleware provider 29West and Intelligent Wave Inc (IWI), integration specialist in network technologies serving the financial services industry, have formed a technology and business partnership under which IWI will be providing 29West ultra-low latency solutions and technical support to securities firms and other financial institutions in Japan.

READ THE REST

PerTOOLS, provider of time series analysis and data extractor tools, has appointed TurnTech as its distributor in China. TurnTech is based in Beijing and will service the China market on behalf of PerTOOLS.

READ THE REST

Japan’s ITOCHU Techno-Solutions Corporation (CTC) and enterprise data fabric provider GemStone Systems say they have partnered to provide a data grid solution for financial computing systems. CTC will market GemStone’s data grid software GemFire Enterprise Data Fabric (GemFire EDF) and related software products as its high performance data access solution. The two will jointly promote the large scale grid computing environment for the needs of high performance and real-time transaction processing.

READ THE REST

PerTOOLS, provider of time series analysis and data extractor tools, has appointed IBN Technologies, a hedge fund outsourcing specialist, a global reseller. IBN Technologies is based in India. This alliance is another step towards PerTOOLS’s plan both to have a global network of resellers before the end of this year, and to service and expand its global client base, according to the vendor.

The Karachi Stock Exchange has signed a memorandum of understanding (MoU) with the Dubai Financial Market (DFM) to share best practices in technology and with the aim of encouraging listed companies in both stock markets to cross list their equities. The deal was brought about by the Pakistan Business Council in the UAE and will, hope both parties, encourage the development of both financial markets with increased investment in both countries.

Vietnam’s Hochiminh Stock Exchange has signed a memorandum of understanding (MoU) with Deutsche Börse Group, which will see the exchanges co-operate on the dual development of securities markets in Vietnam and Germany, as well as exploring bilateral business opportunities.

READ THE REST

3i Infotech, provider of IT solutions and the fourth largest Indian software products company, has signed a non-binding memorandum of understanding with Yucheng Technologies, provider of IT solutions and services to Chinese banks and financial services companies, to set up a 51:49 joint venture in the People’s Republic of China.

READ THE REST