Financial Software Systems, the leading provider of integrated treasury and capital markets software, today announced that China International Capital Corporation Limited (“CICC”) Hong Kong, has licensed the Spectrum System. CICC has been named the "Best Investment Bank in China" for 6 straight years.1 With Spectrum as its new centralized financial system, CICC will have its trading and client-related data in a single integrated data source. Transactions for all asset types will be managed within Spectrum including Foreign
Exchange, Equities, Fixed Income, Derivatives, and Funds. Spectrum will be utilized for front-office, middleoffice, and back-office functions including real-time limits and risk management, as well as confirmations, payments and general ledger accounting.
Joseph Kubeyka, Managing Director of Financial Software Systems Inc., Asia Pacific noted, "We are very excited to partner with a premier institution such as CICC. In today’s challenging trading environment, Spectrum provides the return on investment required for financial institutions to justify technology projects.
CICC's selection of Financial Software Systems and Spectrum further validates our leading position in the Asia Pacific financial technology market.”
Financial Software Systems ("FSS") has experienced solid growth in Latin America in 2012, adding three new clients and three "go-lives" this year. So ...View article
Global Bank Corporation (“Global Bank”) headquartered in Panama City, Panama, has licensed the Spectrum Wealth Management System from Fina...View article
Commerce Bank, a leading U.S. bank headquartered in Kansas City and St. Louis, has selected Spectrum from Financial Software Systems to manage its For...View article