Wing Hang Bank opts for Misys Summit FT
Wing Hang Bank in Hong Kong has agreed to install technology vendor Misys’ Summit FT treasury and capital markets software in response to increased demand for structured products from private wealth management clients, corporates and the retail market.
Wing Hang, which used Reuters Kondor+ system prior to Misys Summit FT, trades all types of asset classes from interest rate derivatives, credit derivatives, structured bonds, FX derivatives as well as traditional equities. It offers both equity and currency-linked deposits to retail customers.
“Our goal is full straight through processing (STP) and the installation of Summit FT means our front, middle and back office treasury departments will benefit across all product types including fixed
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