BRIEF OBJECTS

BRIEF OBJECTS

DAIWA SECURITIES SEEKS BACK OFFICE SYSTEMS

Tokyo-based Daiwa Securities is evaluating back office settlement systems to support its Hong Kong and Singapore operations. The selection process has been narrowed to two systems, one from a UK-based vendor and the other from an Australian one, says Masashi Endo, Daiwa Securities Hong Kong-based head of global information technology. The new back office system will complement one from the Daiwa Institute of Research's systems division, a mainframe-based

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