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  • Serisys Solutions Ltd and pdv Financial Software GmbH announce strategic partnership

    (EMAILWIRE.COM, July 31, 2008 ) Hong Kong - Serisys Solutions Limited (Serisys), an IT service provider and systems integrator to the Hong Kong capital markets and banking sector, and pdv Financial Software GmbH (pdv), a software provider to international financial markets, have announced a strategic partnership to offer advanced broking, trading and risk management solutions to the Asia Pacific market.

    The combination of pdv's successful DECIDE trading, position and risk management platform and Serisys' market and integration expertise provides turnkey solutions for customers across the region. This platform is available for in-house implementation as well as an Application Service Provider (ASP) service delivered from Serisys' local data centres.

    "The DECIDE product exactly matches the needs of Asia-based market participants", said Serisys' CEO and Chairman Tim Marsh. "With continuing growth of trading volumes and an urgent need for access to new financial products in Hong Kong and other Asia Pacific markets, local banks and brokers increasingly discover that their current systems are insufficient.
    However, they are reluctant to bear the large implementation risk and high cost of a next generation upgrade. Our ASP service solves this problem by providing a single, lower cost platform for a wide range of exchange traded and OTC instruments."

    Reinhard Wienke, managing director of pdv, added, "We are delighted to work with Serisys to bring our advanced DECIDE platform and proven ASP architecture to the Asia Pacific market. The system's broad scope and German heritage - from the country with the world's largest traded warrants market – is combined with Serisys' local business process knowledge and experience enabling us to deliver an unbeatable solution that is easily tailored to the specific requirements of Asian customers."

    Marketing and sales commence immediately in Hong Kong and will shortly expand across the entire region.

    About Serisys Solutions Limited
    Serisys provides world class IT services and solutions to capital markets and banking industries across the Asia Pacific. Services include Application Service Provision (ASP), application implementation and application support. Serisys is headquartered in Hong Kong with offices in Singapore and Tokyo. For more information please go to http://www.serisys.com.

    About pdv Financial Software GmbH
    pdv Financial Software GmbH is an independent software vendor based in Hamburg, Germany which has more than 15 years experience delivering high-tech software solutions to financial markets. DECIDE is pdv's core product and has become the leading trading system within the German broker community. In addition, pdv operates an ASP data centre hosted by Deutsche Boerse Systems, operator of the German Stock Exchange, where the DECIDE ASP installation is run for multiple clients. For more information please refer to http://www.pdv-fs.com.

    Issued on behalf of Serisys Solutions Ltd by EBA Communications For more information, please contact:
    Mark Leeper (EBA): (852) 2537 8022
    (email: mark.leeper@ebacomms.com)

    ###

    This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution service, go to http://www.emailwire.com

    Serisys Solutions Ltd
    Mark Leeper
    (852) 2537 8022
    mark.leeper@ebacomms.com

    Source: EmailWire.com

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