About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Sophis Wins Contract for China Re Asset Management

Subscribe to our newsletter

Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions, has been awarded a contract from China Re Asset Management Company (CRAMC), the asset management arm of China Reinsurance (Group) Corporation, to implement Sophis VALUE, its flagship buy side system.

The mandate marks the first mainland Chinese insurance company to adopt a fully integrated straight through processing (STP) system, which offers a centralised, user-friendly and automated platform overseeing all investment transactions. Under the agreement, the first stage of implementation will see the VALUE system being utilised by 50% of the team at CRAMC.

Celebrating Sophis’ second strategic client win in one of the world’s fastest growing countries, Corinne Grillet, chief operating officer of Sophis Asia, said, “We are delighted to be recognised by one of China’s most reputable insurance companies. Despite fierce competition, our strong track record in the asset management industry and the flexibility and fully integrated nature of VALUE have once again proven to be the key winning factors. We look forward to working with CRAMC and its forward-thinking management to set up an innovative and robust system in anticipation of the evolving mainland financial industry.”

The Sophis VALUE system includes front-to-back office, risk management, and centralised data management modules and will provide CRAMC with world-class financial and technological capabilities, along with the user-friendliness and ease of implementation required for the Company’s future development.

Rong Zhiping, party committee member for CRAMC, said, “To support our pioneering products and diversified asset classes over the coming years, we are looking not only for a system bridging international and local markets, but also a single highly integrated platform that will be used by every team member, from top management to front-line staff. And Sophis successfully won our vote as the clear industry leader in providing such a solution.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to optimise SaaS data management solutions

Software-as-a-Service (SaaS) data management solutions go hand-in-hand with cloud technology, delivering not only SaaS benefits of agility, a reduced on-premise footprint and access to third-party expertise, but also the fast data delivery, productivity and efficiency gains provided by the cloud. This webinar will focus on the essentials of SaaS data management, including practical guidance on...

BLOG

EDM Council Introduces Data Excellence Program

The EDM Council has introduced a Data Excellence Program offering standardised measurement and recognition of data management excellence at the organisational level. The initiative aims to acknowledge organisations that are dedicated to continuous improvement and excellence in data management based on globally recognised best practices. Key elements of the Data Excellence Program include: Data management...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2019/2020 – Seventh Edition

Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...