Investment management firm China Renaissance has implemented Fidessa’s Asian trading platform as it looks to expand its equities business across the region.
Fidessa’s trading platform will provide China Renaissance with a centralised order management and execution management system to improve its brokerage services for clients.
Yang Xia, global head of equities at China Renaissance, explained Fidessa’s platform will help strengthen the firm’s competitive advantage and revealed plans for an expansion across the region.
“Building a world-class brokerage business is just our first step, and we plan to further strengthen our product offerings within equities into 2017 and beyond to build a strong China Renaissance franchise,” he said.
Fidessa now has approximately 50 clients using its trading platform in the Asia region.
Peter Lam, sales director at Fidessa in Asia, said that offering localised solutions “has always been the primary driver, enabling us to maintain our position as the leading provider in the China segment.”