The offering will bundle pdv's successful DECIDE trading, position and risk management platform with Serisys's market and integration expertise to provide turnkey solutions for customers in the region. The platform will be available for in-house implementation as well as an Application Service Provider (ASP) service delivered from Serisys's local data centres.
"We found that the DECIDE product exactly matches the needs of Asian based market participants", Serisys chairman Tim Marsh says. "With the continued growth of trading volumes and access to new financial products in the Hong Kong and Asia-Pacific markets, local banks and brokers are increasingly finding their current systems do not meet their needs. However, they are reluctant to bear large implementation risk and cost to upgrade these for the next generation of trading requirements. Our ASP service will solve this problem, providing a single, lower cost platform for a wide range of exchange traded and OTC instruments."
Reinhard Wienke, managing director of pdv, adds "We are delighted to work with Serisys to bring our advanced DECIDE platform and proven ASP architecture to the Asia-Pacific market. The system's broad scope and German heritage - from the country with the world's largest traded warrants market - combined with Serisys's local business process knowledge and experience enable us to deliver an unbeatable solution easily tailored to Asian customers' specific requirements."
Marketing and sales will start in Hong Kong and will shortly be expanded to the entire region.
About Serisys Solutions Limited
Serisys is headquartered in Hong Kong and provides IT services to the capital markets and banking industries in China and the rest of the Asia-Pacific region. Services include Application Service Provision (ASP) application implementation and application support. For more information see http://www.serisys.com.
About pdv Financial Software GmbH
pdv Financial Software GmbH is an independent software vendor based in Hamburg, Germany, with more than 15 years experience delivering high-tech software solutions to the financial markets. Pdv's core product DECIDE is the leading trading system within the German broker community. In addition pdv has an ASP data centre with a multi-client DECIDE ASP installation hosted at Deutsche Boerse Systems, operator of the German stock exchange. For more information please refer to http://www.pdv-fs.com.
Serisys Solutions Ltd
Phone +852 2376 3232
Fax +852 2376 3030
pdv Financial Software GmbH
Phone +49 40 69213-286
Fax +49 40 69213-280