Maybank Taps Fidessa's Equities Trading Platform
Brokerage division of investment bank implements Fidessa equities platform in response to fragmented Asian markets.
Responding to the deployment of numerous local systems for different Asian markets, Maybank selected the Fidessa solution to provide a unified trading platform for its global client base. The firm stated that the solution will provide "much more responsive FIX client onboarding", as well as advanced program trading, algorithmic and indiciation of interest (IOI) capabilities, underpinning its regional and global growth plans.
"It is important for Maybank Kim Eng to offer the best possible capabilities to both local and global clients wanting to do business in Asia", says Ami Moris, regional head of equities at Maybank Kim Eng. "This new Fidessa technology allows us to on-board clients rapidly and systematically execute across the Asian markets, with a core focus on the Association of Southeast Asian Nations (ASEAN), with rich information flowing back to the clients. The implementation is a key milestone in our strategy to offer best execution to clients in Asia."
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