ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that Soochow Securities Co. Ltd of Hong Kong has chosen its Fidessa equities trading platform.
Soochow is an international financial services firm, headquartered in Suzhou, China, and will use Fidessa to grow its Hong Kong-based investment banking and brokerage services, and stay competitive in the global marketplace.
Soochow offers brokerage services for securities, funds, and bonds, alongside investment banking, dealing, asset management, and credit trading. To expand their businesses and build links internationally, Chinese brokerage firms like Soochow need reliable and scalable technology solutions to support their operations. ION’s Fidessa platform gives Soochow access to international trading and market data, and integrated risk management capability. This single, comprehensive solution delivers the benefits of simplicity, reliability, and automation.
Soochow is the 20th Chinese brokerage firm ION has partnered with since 2013. Fidessa provides an immediate, one-stop-shop trading platform for APAC and international equities markets, making it the ideal solution for Chinese brokers to navigate global finance’s complex and rapidly evolving landscape.
“ION is delighted to partner with Soochow Securities Co. Ltd to deliver a successful go-live of our Fidessa equities trading platform,” said Robert Cioffi, Global Head of Equities Product Management. “Fidessa is a trusted solution for brokers across the APAC region. We look forward to working with Soochow to support their expansion plans and achieve their business objectives.”
Li Chen, Vice Chairman at Soochow (HK), commented: “As the only listed securities company in Suzhou, we need technology that can simplify and automate workflows to boost efficiency and scale our business. We chose the Fidessa trading platform as it is the market leader in the equities space and the top choice for sell-side institutions.”
By on Wed, 07 Jun 2023 09:25:00 GMT
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