The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Shenwan Hongyuan Securities Deploys Itiviti Technology

Shenwan Hongyuan, a ¥43 billion Chinese securities conglomerate, has deployed Itiviti’s market making solution for ETF options. The deal extends Itiviti’s presence in Asia Pacific where it already services 25 buy- and sell-side clients in China.

Zhibin Xu, deputy president at Shenwan Hongyuan, says: “We went through an intensive assessment process to ensure the selected vendor could meet our high compliance and IT standards. During this process Itiviti stood out. We were impressed by its world-class trading technology and the professionalism of its team. We are looking forward to taking advantage of the Itiviti platform to enhance our market making capabilities.”

Itiviti garnered its first set of Tier 1 Chinese securities firms in 2014, by providing an ETF options market making solution. The company then extended the market making platform to commodity options and other asset classes. It is now providing trading and low-latency FIX connectivity solutions to securities firms in China.

Ofir Gefen, president of the APAC region at Itiviti, comments: “Over the years, Itiviti has successfully established a solid, loyal and diversified client base in China by providing its world class trading and execution technology solutions. This is a sophisticated client base, looking for proven solutions to stay ahead of the curve, and we are delighted to partner with Shenwan Hongyuan and affirm our commitment to China as a key market in our Asia Pacific growth strategy.”

Related content

WEBINAR

Upcoming Webinar: The future of KYC and AML: How to tackle the challenges and gain the opportunities of perpetual KYC

Date: 24 March 2022 Time: 11:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Perpetual Know Your Customer (or pKYC) could be a game changer for client onboarding, due diligence and financial crime compliance. Moving on from today’s reactive approach that conducts client KYC processes at onboarding and typically at one, three and...

BLOG

PassFort Raises $16.2 Million to Fund Expansion

Financial crime compliance automation specialist PassFort has raised $16.2 million through its recent Series A funding. The company, whose SaaS-based platform automates financial crime and compliance processes, will use the funds to realise its global growth plans. The funding round was led by the US growth equity fund, Level Equity, with participation from PassFort’s existing...

EVENT

TradingTech Insight Briefing New York

TradingTech Insight Briefing NYC will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...