With help from Finastra, Guotai Junan International (GTJAI) has gone live with end-to-end equities derivatives trading and cross-asset risk solution, Fusion Sophis.
With a single solution to address the many challenges of derivatives trading, risk management, and trade processing, Fusion Sophis has enabled GTJAI to fast-track its expansion and offer a wide variety of sell-side derivatives.
Henry Yu, Head of Financial Products, Wealth Management at GTJAI said that the company was committed to building a totally new platform in Hong Kong to cater for the needs of their clients for tailor-made OTC structured products and exchange-traded derivatives products, such as Warrants and Callable Bull/Bear Contracts.
He added that working with Finastra allowed GTJAI to overcome the complex risk and compliance challenges associated with setting up operations in a new market, which has enabled us to get our business up and running in Hong Kong in only seven months.
Wissam Khoury, GM and SVP for APAC and MEA at Finastra said that getting to market quickly was important, and they were pleased to have helped GTJAI get to market so quickly and looked forward to working together in the future.