Oct 6th, 2010, Hong Kong
Hong Kong – BOCI and FinIQ are pleased to announce that BOCI will be using the FinIQ Structured Products System for its Private Wealth Management business.
FinIQ and BOCI will work closely together in phases to support Structured Products distribution covering structures based on a wide variety of asset classes as well as covering customer trades of FX Spot and Forwards. The FinIQ system will support traders building and pricing of products, distribution and trade execution through BOCI's extensive relationship manager network and post trade event management including comprehensive customer correspondence giving tangible benefits to BOCI's back office operations and ultimately their customers.
The system will also utilise the FinIQ "Liquidity Link" which allows BOCI whilst building a structure, to request quotations from third party liquidity providers, thus giving BOCI's customers the ability to achieve "best price execution".
Terry Hung who runs the FinIQ business in Hong Kong said "having acquired such a reputed bank as BOCI as a customer further endorses our products and product strategy."