Digital financial technology product provider Intellect Design Arena has bagged a deal from BDO Nomura to provide digital trading and equity research service.
BDO Nomura Securities is a joint venture between BDO Unibank, Philippines and Nomura Holdings of Japan.
"With this deal, Intellect marks its first deal in the securities trading segment in the country. Intellect will be implementing Integrated Portfolio Management Solution (iMPS), its capital market solution suite OneMarkets", the city-based company said in a statement.
Integrated Portfolio Management Solution will provide the front-mid-back office management along with digital markets portal which includes mobile trading and equity research to BDO Nomura.
"..is truly a marquee deal for us in the securities trading segment. Intellect's Integrated Portfolio management solution comprises of order and execution management that will empower digital journey of th etotal trade life cycle, seamless omni-channel experience and increasing customer engagement", Intellect Design Arena, Growth Markets, President, K Srinivasan said.
With implementation of iPMS, brokerage houses and investment firms will be equipped to serve institutional, retail and high net worth individual customers by managing their portfolios across asset classes and markets.
"We wanted to revamp and modernise our securities trading business. Our goal is to become one of the premier securities brokerage firms in Philippines. Intellect was the only technology partner to have successfully demonstrated an integrated seamless data flow...", BDO Nomura, President, Koichi Katakawa said in the statement.
Disclaimer: No Business Standard Journalist was involved in creation of this content
