PT Bahana Sekuritas (Bahana), a player in Indonesian capital markets, has deployed Itiviti’s high and low-touch trading solution to improve order management capabilities and better serve its regional clients. The Itiviti solution, which includes a highly automated OMS platform, as well as a connectivity and risk management layer, enables Bahana’s equities sales traders to manage multiple care and direct market access (DMA) client orders via a single platform, while also providing DMA to broker clients.
Bahana provides a wide range of financial services and can provide creative solutions to meet sophisticated client needs. Ashish Agrawal, head of institutional equity trading at the firm, says: “When looking to replace our existing trading system, we were impressed with the significant benefits the Itiviti trading solution offers. In terms of technology, performance and services, Itiviti stands out from the competition. We look forward to using the OMS platform to enhance our offering and provide innovative services to our clients.”
Ofir Gefen, head of APAC at Itiviti, adds: “Emerging markets are clearly becoming more complex and market participants are demanding more sophisticated and robust execution platforms to beat competitors. Itiviti, with its global footprint, state-of-the-art technology and strong service culture is a natural fit.”