News & Updates
A leading GCC bank has selected FinIQ as its main PMS platform, starting with implementation in their Singapore branch, which will next be followed by expansion into UK, UAE, Egypt and Saudi Arabia. The functionality includes cross asset portfolio valuation, risk analytics, allocation and rebalancing, client onboarding, custodian, corporate action and also the order management workflows.
FinIQ expanded its footprint both by adding more liquidity providers and by instruments offered, across Asia, Europe as well as Americas.
EQConnect in Asia reached 25 issuers, whereas EuroConnect now has 13 issuers. FXDConnect which is a platform for simple FX, options and structured FX derivatives reached 16 liquidity providers.
Three other extended offerings which are China Structured Deposits platform, Hong Kong Retail ELI platform and global Single Issuer ePricer platform also expanded at the same time. Post-trade functionality allowing issuers to publish documents and MTM to distributors in Asia as well as KID and termsheet sharing in Europe saw more adoption.
Private banks using their own GUI were supported by more detailed API, powering their respective Click&Trade in-house platforms.
Standalone SaaS modules such as Key Fact Sheet auto-generation, known as FinIQ Docgen and Life Cycle Analytics, known as FinIQ LCA was used by clients to handle massive volumes.
The US desk of a major bank has successfully launched live operations for product pricing, execution, and booking, specifically tailored for Equity Structured Products, using FinIQ Orchestrator. This versatile system connects seamlessly via REST API, Email, FIX, and GUI, offering prequote checks, Limit checks, Liquidity checks, and integration with the issuance, documentation, and booking systems. The platform is now being progressively configured to connect with all major multi-issuer aggregator platforms as well as various buyside distributors in the region.
One of the largest banks in GCC region went live with FinIQ's mutual fund OMS module, powered by Allfunds connectivity. FinIQ API also helped the bank to create its own client self-service investment app, making it a truly digitalised sales journey.
FinIQ OMS/EMS API have helped banks around the world to create their own apps for FX spot/forwards, DCI, options, structured notes, complex OTC structures, fixed income bonds, ETF/cash equities and mutual funds. The API coverage also includes client holdings, leverage financing, corporate actions and custodian functionality for wealth and brokerage products as well as fixings, barriers, exercises for treasury and derivatives products.
FinIQ has launched its latest app with a renowned Indian brokerage firm, bringing seamless automation to client-initiated trading across various exchanges. The platform not only offers price discovery and order execution functionalities for shares, commodities, options, and futures, but also provides comprehensive advisory, portfolio management, and real-time P/L monitoring capabilities. Mutual funds are slated to be introduced in the near future. The app caters to all user preferences, being available on iOS, Android, and through web applications.
Continuing its success trajectory, FinIQ has marked a significant milestone by securing its second partnership in Spain, this time through the adoption of its structured products life cycle analytics module.
The engagement entails the seamless booking of tens of thousands of structured product trades, coupled with the intricate computation of their post-trade life cycle data. The module's reach spans across a diverse spectrum of payoffs originating from various asset classes.
The profound impact of this solution extends to hundreds of client servicing bankers spanning Europe, the United States, and Latin America. With this cutting-edge automation, these professionals are poised to elevate their client service capabilities. Empowered with the latest and most precise trade-related insights within their clients' portfolios, they can effectively deliver exceptional service.
Mashreq Bank, one of the leading financial institutions in the UAE, has signed a strategic agreement with FinIQ, the Singapore-based capital markets technology provider, to streamline its Wealth Management offering with an easy-to-use, single unified solution.
The FinIQ System has been implemented as Mashreq’s wealth management core system for investment products, replacing multiple legacy applications and providing customers with a simpler service to operate. Equities, funds, bonds, bills, CDs, notes were previously managed by a number of home-grown and vendor-supplied systems.
Used throughout the banking ecosystem, FinIQ's front, middle and back-office functionality offers order management workflow, compliance and suitability checks, and performs settlements and accounting entries. Additionally, the system generates all pre-and-post-trade documents, notifications and facilitates Lombard financing with automated LTV and margin calculations. Custodian links are automated for settlement of bonds, mutual funds and cash equities along with respective corporate actions.
Vipul Kapur, Head of Private Banking at Mashreq, says: "We are delighted to work with FinIQ who will provide their single unified solution as we continue to shape the future of financial services through convenience, innovation and trust, while delivering a seamless experience to customers."
"Mashreq's decision to consider FinIQ as a partner of choice in their digital endeavor brings us great pride, " says Milind Kulkarni, CEO of FinIQ. "The GCC and the Middle East as a region are top priorities for FinIQ where we are confident, we can replicate the success we have already enjoyed in the APAC region."
Emirates NBD has signed FinIQ for automation of its Local Equities Trading business. The FinIQ system will provide functionality for price discovery, order management, corporate actions and trade execution. It will power ENBD’s internally built digital apps and facilitate trading on the UAE based exchanges including ADX, DFM and NASDAQ Dubai.
ENBD is already using FinIQ's EQConnect structured products platform. Milind Kulkarni, CEO, FinIQ says, "We are proud to have GCC's leading name trusting us with its trading business automation."
FinIQ has automated the generation of Key Fact Sheet (KFS) documents for four different asset classes for UBS. A total of over 100 payoffs from Foreign Exchange, Equity, Commodity, and Fixed Income asset classes are being configured as part of this initiative. FinIQ documentation module will cater to the online generation of these documents triggered via the bank’s existing order management systems.
Milind Kulkarni, FinIQ CEO comments, “This is yet another demonstration of FinIQ UCP (User Configured Products) toolkit use case and how quickly it helps in delivering complex products and workflows.”
“FinIQ’s SaaS-based UCP toolkit was instrumental in this project, where timeline and flexibility were of great essence.”, adds Kishore KV, UBS MD.
FinIQ today signed an agreement with the European desk of an American bank. The scope includes real time price discovery and order execution workflow integration with its leading Swiss wealth management counterpart, extending all the way to post trade life cycle management.
FinIQ is pleased to update that it has a signed a new client in The Philippines. FinIQ has had its system used in The Philippines for many years, but it was always by branches of international banks. This is for the first time, the system will be used by a local bank in the country.
FinIQ today signed a Fixed Income agreement with a renowned private sector bank in India. The software will be used by dealers, operations and bank's retail clients for their order management workflows. It also comes with APIs which will power the bank's cross-product mobile app. The system will go live in Q1 this year.
A renowned international investment bank today signed for FinIQ single issuer platform. The platform will be used by various consumer banks in Hong Kong to distribute ELI (equity linked investments) issued by the IB.
FinIQ first launched its single issuer platform in Europe, to a Spanish bank that automated distribution of its structured products business in Europe and Latin America.
FinIQ's structured products solution covers payoffs and workflows of both private banking and consumer banking businesses. It helps both single dealer and multi dealer scenarios and supports FX and equity underlyings equally well.
FinIQ system is a low code platform where workflow orchestration and financial products are simply configured as against having to program them, which gives immense scalability and time to market to both sell-side and buy-side market players. FinIQ User Configured Products or UCP module is one of its kind toolkit that permits design and implementation of user screens, request response workflows, documentation, API links, email templates, user reports, roles and responsibilities, validation and enrichment rules, simulations and much more, all via configuration.
FinIQ is pleased to announce successful go live of another two new clients on its EQ Connect structured products platform.
First one to go live was Hang Seng Bank, soon followed by JMC Capital. This brings FinIQ’s Hong Kong based EQ Connect client count to 15. Equity structured products platform executed order volumes reached USD 25 Billion in the first of quarter 2021, proving the scale the platform helps achieve.
FinIQ recently launched FX structures also via its cloud platform, which were earlier deployed only as on-premise offerings. Across FX and EQ, FinIQ today enjoys liquidity from 25 leading investment banks.
FinIQ closed year 2020 with a Bonds and Structured Investments distribution platform signing with a renowned Malaysian bank.
Sandeep Kulkarni, FinIQ's Malaysia country head sees this as a second wave of automation, "After DCI and FX implementations automating branch based product sales, we see banks now applying the same business model to Bonds and SI".
After signing its first local bank earlier this year, FinIQ today signed its second client in UAE.
FinIQ is seeing an increasing demand for both its conventional products as well as structured product offerings in the GCC market. "Having banks like Mashreq and Emirates NBD as our clients is a big endorsement and we hope to see even more activity in the region once our Dubai office becomes operational in the new year", according to Milind Kulkarni, FinIQ CEO. He further adds, "structured products, bonds, funds, equities, FX, funds are available under one platform including direct electronic execution as well as custodian links, which makes it efficient to trade these products right from the price discovery and dealing process all the way to redemption and maturity. Banks can scale up their volumes, maintain costs low and improve their compliance with the platform."
Leichtenstein-based private bank LGT and software provider FinIQ have worked together to automate and streamline its structured products and derivatives business in Asia.
FinIQ and its EQ Connect platform offers connectivity to top market makes in the equity-linked space for products. LGT has subscribed to EQ Connect since 2018.
Furthermore, the collaboration is set to further automate pre-trade suitability and order process, trade booking as well as post-trade information flow. LGT aims to achieve seamless integration with the FinIQ EQ Connect platform and its core banking system from Avaloq.
In addition, FinIQ’s FXD platform offers connectivity to market makers in the FX-linked space for cash FX, options, strategies and also structured products.
Click here to read moreUnion Bancaire Privée became FinIQ's latest client. The bank signed the platform installation agreement to automate its price discovery and order execution business, which will allow its front line bankers to access to products and liquidity provided by world's leading investment banks.
Shodhan Shah, FinIQ's Director based in Singapore sees this as a major shift towards cross-asset platforms rather than asset class centric platforms. According to Shodhan, "having various equity structured product payoffs such as autocallables, reverse convertibles, range accruals, phoenix, bonus notes, equity OTC derivatives, FX accumulators, target redemptions, pivots, dual currency investments, FX vanilla and barrier options as well as FX spot/forwards all-in-one with one unified process flow is only possible in the FinIQ platform. We are proud to have such a prestigious private bank as our client. We see more and more wealth managers opting for our all-in-one offerings rather than relying on different platforms in silos for different instruments."
Structured Deposit, constructed using a combination of local funding and derivative leg pricing sourced from leading investment banks went live in China. FinIQ worked with an international distributor and four leading investment banks to offer this.
The system is accessed via multiple sales channel apps using FinIQ API. Online price discovery, document exchange, order taking, execution and various other supporting functions are all automated, cutting down the product issuance period significantly.
FinIQ Investment and Trading platform reached another milestone with UOB Singapore going live with its private and enterprise banking units for direct order workflow right from the sales channel, all the way to the marketplace.
FinIQ native platform and API were both deployed in allowing dual app access given to the users. Bank built its own sales app using the FinIQ API.
The solution links sales with the traders and traders with the marketplace in a seamless journey. The set of instruments included shares, bonds and foreign exchange.
Shodhan Shah, FinIQ's Director based in Singapore considers this as a significant milestone for three reasons, "Cash equities execution was done by FinIQ for the first time. FinIQ APIs were thoroughly used by the bank in building its own GUI. FX module caters to pricing and dealing needs of five different segments, all from one central system."
With this go live, FinIQ now has FIX protocol based order and connectivity platform live for 7 major asset classes, which are shares, bonds, FX, FXD, DCI, EQD and SP.
UOB's retail wealth unit also uses FinIQ for cross-asset trade repository, OMS and statement generation which enables 360 degree view for clients for their mutual funds, insurance, deposits, bonds, shares, CASA and structured investments holdings. This solution is deployed in UOB's Singapore, Malaysia and Thailand units.
Hedge funds, private banks and other clients are increasingly seeking to trade FX options on platforms, driven by regulators’ requirements for investors to prove best execution and the growing depth and range of offerings available. From a client perspective, aggregator and multi-dealer platforms are an attractive proposition, offering convenience, transparency and the potential for lower costs; they make the processing of price requests significantly more straightforward.
In the past, many buy side clients relied on a handful of liquidity providers. The need to prove best execution has transformed how these users access FX option products. In order to comply with regulations, some users initially requested quotes electronically and simply captured a screenshot of the quotes in order to prove best execution. However, this process is cumbersome and fails to realise the full benefits of moving to electronic trading.
Click here to read moreFinIQ is pleased to announce signing of a landmark deal in UAE. This will see replacement of bank's core Wealth Management Platform which was made by a renowned Swiss vendor.
Milind Kulkarni, FinIQ CEO sees this as a major gain both from regional presence and expansion of functionality, "order origination, price discovery, risk rating, termsheets, portfolio, holdings, valuation, returns, cashflow, corporate actions, collateral and accounting, the full journey will be automated, and for all asset classes including funds, bonds, shares and notes. FinIQ UCP (User Configured Products) toolkit plays a major role here with LCNC styled (low code/no code) deployment, where bulk of the work happens without any source code, which is achieved primarily by configuration."
FinIQ is pleased to announce its entry into the Latin American markets with BBVA ePricer launch which is powered by FinIQ SPConnect cloud platform. The platform will also get used in BBVA's European clients. FinIQ is already used in Europe for FX Derivatives, Fixed Income, Equity Linked Structured Notes for over 3 years. The BBVA partnership will have credit linked structured products in FinIQ for the first time.
Click here to read moreFinIQ is pleased to announce that Asia's top distributor has gone live on FinIQ's newly offered cloud platform SPConnect. The SPConnect cloud platform is targeted at handling automation of flexible structured products payoffs complementing FinIQ's EQConnect cloud platform which was launched in 2014 as a realtime, auto-priced, FIX protocol-based aggregation platform for eight most popular highly liquid payoffs.
FinIQ's first SPConnect implementation aggregates diverse message formats of 18 different issuers which is achieved via zero coding and 100 percent configuration. Having started in November 2019, FinIQ's configuration team successfully completed a total of 64 payoff variations.
The Platfrom is region-agnostic and payoff-agnostic. It can house any of the worldwide payoffs. Distributors can get more and more issuers. Any issuer can be easily onboarded given the fact that the issuers need not have either FIX Engine or the Auto Pricer readily available before they are on-boarded. Multiple requests for quotes can be batched in one email dispatch with further flexibility given to the sell sides to reply progressively with one or multiple RFQs responded every few seconds or even minutes. The system tracks hundreds of these e-auctions with sophisticated filters, ranking rules to yield the top ranks in real time.
Milind Kulkarni, FinIQ CEO, considers this as the next wave of digitalization in financial product distribution. "Most complex payoffs, in most configurable fashion, implemented in record time, with majority of leading issuers, and for the most prestigious bank. This success has five magnificent achievements by a fifteen-member team, thanks to our UCP (User Configured Products) toolkit."
FinIQ closed the last quarter of 2019 on a strong note with four new-name clients, one each from UAE, Spain, Singapore and Hong Kong.
read more >FinIQ is pleased to announce going live of its cross asset single portfolio platform in Malaysia. The scope covered consolidation of all client assets including mutual fund/unit trust, retail bond, insurance, CASA, dual currency investment, term deposit and non-principal guaranteed structured investment.
FinIQ held a conference on Structured Products in Tokyo on 12th November, hosting 16 leading financial institutions including securities houses, buy-side and sell-side banks of Japan to discuss and synergize on the future of Structured Products market.
read more >FinIQ, a leading name in financial products distribution space, in association with ACI FMA, hosted a conference with MathFinance on FX Options and Structured Products on 6th & 7th November at The Ritz Carlton, Dubai International Financial Centre.
read more >FinIQ's structured products automation platform EQConnect is now available in the UAE local market. One of the largest local bank is expected go live shortly.
read more >FinIQ Consulting opened its 11th worldwide. The new office is located in the heart of Tokyo and will cater to the fintech needs of Japanese banks and securities companies.
read more >FinIQ's FXDConnect was awarded as the best relationship management tech initiative by Financial Times, UK. Standard Chartered Bank which rolled out this platform for its RMs worldwide was awarded it at the Wealth Tech Awards - 2019 event in London.
read more >A major international bank went live with FinIQ's FX Derivatives multi-dealer RM platform for FX multi-expiry structures. Vanilla, barrier and 3 leg strategies are already being used by FinIQ clients since 2014 with multi-dealer liquidity, but this is the first occasion that similar open architecture model has been deployed for complex FX structures.
read more >A Singapore based private banking unit of a leading Malaysian bank went live today with FinIQ EQ Connect. The system will help bank's relationship managers and execution desk with real time price discovery and order management for equity linked structured products. FinIQ operates its EQ Connect platform on a SaaS basis which makes it easy for banks to plug into the FinIQ network without having to invest in infrastructure.
FinIQ FI-Connect platform goes live in Indonesia. This is FinIQ's second bonds client in the country. With this addition, the system empowers over 400 new relationship managers to price and directly book bond investment trades. The FinIQ FI-Connect platform supports all bond conventions, interest accrual rules and yield calculations for all commonly traded bonds.
read more >FinIQ announces expansion of its FX derivatives liquidity coverage under its FXD-Connect platform. The liquidity panel now available is very diverse and includes 3 each from UK and US, 4 from Europe and 1 from Singapore, with at least half of them offering liquidity not just for vanilla FX, but also for structured FX. Besides its derivatives coverage, for Cash FX, the platform supports RFS based execution with 5 top-tier banks.
read more >Over 500 bankers in Singapore, Hong Kong, Dubai and London will price and trade vanilla and structured FX derivatives using FinIQ FXD-Connect. The implementation lasted for around 5 months and more payoffs will be added over the next quarter.
read more >FinIQ has opened a new branch in Jakarta which will cater to growing demand for distribution platforms in Indonesia. The FinIQ System has been adapted by banks such as DBS, Standard Chartered, ANZ and CIMB Niaga since very long.The newly opened local office will strengthen the sales, implementation and support activities for existing as well as prospective clients. FinIQ will be offering an integrated branch order management platform for variety of products including Bonds, FX, DCI, Funds, Derivatives and Structured Products.
read more >FinIQ has secured two prestigious FX contracts with two local Singaporean banks. That immediately gives FinIQ two-third of the local FX market share in Singapore. FinIQ FX Cash module is in use since 2009 and caters to needs of all segments including corporate, commercial, private wealth and retail mass market.
read more >FinIQ today signed a deal with another European major for its EQ Connect cloud service. The service will allow bank's relationship managers to access best execution price from a panel of leading investment banks. The system will be used at four financial centres and will include all major equity based payoffs. This was FinIQ’s fifth new client acquired in the past three months.
FinIQ Fixed Income pricing and order management platform recently went live with a major international bank. 700 bankers from three major financial centres will use the system to transact variety of bonds.
read more >FinIQ is pleased to have its 9th buyside client on the FinIQ EQ Connect platform which is a cloud based SaaS service that connects buyside wealth managers and bankers to a panel of 15 leading sellside investment banks. The service automates price discovery for options, accumulators, decumulators, equity linked notes, basket linked fixed coupon and daily range accrual notes and bonus enhanced notes.
read more >Bank of China, Hong Kong has confirmed selection of FinIQ EQ Connect cloud platform to automate pricing and order workflows for its structured products business. BOC Hong Kong would be the 8th buyside on FinIQ EQ Connect, and second local HK bank on EQ Connect.
read more >A large Singapore client has launched FinIQ powered retail mobile app to allow its client to place FX orders. The system also watches the order status, executes the orders once touched and notifies the mobile app user. 'This is a retail end-client distribution use case, which enhances our wealth distribution capabilities into an entirely new segment', comments Shodhan Shah, FinIQ's Director based in Singapore.
FinIQ is pleased to announce that it has signed an agreement with Wing Lung Bank to automate its wealth management businesses. The system will help improve pricing, execution and transaction processing efficiency for the bank’s wealth management investments and trading business.
FinIQ has recently embarked upon an implementation project with a leading Singapore bank to automate trade repository and client statements across a variety of client segments. A range of retail and investment systems will feed into the FinIQ platform aggregating investments ranging from deposits, structures, current and savings accounts balances, mutual funds, shares, bonds and insurance investments.
read more >FinIQ is pleased to announce signing of a leading North American private bank. FinIQ EQ Connect service will help the bank to automate its equity structured product price discovery and order workflow. The payoffs include reverse convertibles, worst-of basket, bonus enhanced notes, vanilla and barrier options, OTC accumulators and decumulators.
FinIQ is pleased to announce that it went live with its FXD-Connect service in Germany. Mahesh Bulchandani, FinIQ's CEO for Europe Operations comments, 'FinIQ's best execution service FXD-Connect allows clients to access electronic liquidity from a large panel of investment banks. This is something that not only better the client pricing but also allows compliance.'
read more >FinIQ has clinched a coveted deal with a global financial institution, for supply of a fixed income bonds distribution platform for its global private and retail banking sites.
read more >FinIQ has yet again illustrated its multi-disciplinary prowess by winning the local corporate football league in Pune, hosted by the Indian Soccer League club FC Pune City, and considered the most prominent corporate tournament in the region. According to Uday Oak, FinIQ’s COO, “FinIQ has time and again proved that its employees are exemplary not just in their work, but rather in all-round performances.”
read more >FinIQ has been rapidly expanding on all fronts to become the leader in the Treasury, Investments, and Structured Products automation business. With an addition of five new liquidity providers to its EQ Connect platform, it has surpassed all of the other existing solutions in the market with its pool of 14 suppliers.
read more >Continuing its splendid run of expansion, FinIQ has inked new deals to onboard four more FX derivatives liquidity providers on its platform, taking the total count to nine. This development puts the company at the forefront of the intense competition in the Financial Technology space.
read more >A regional banking major from Singapore has signed an agreement to procure Fixed Income Branch-Dealer Order Management System from FinIQ. The platform allows for a seamless integration between the relationship managers and the Fixed income dealing desk automating requests for quote, yield and accrual computation, order capture, order fulfillment, deal allocation, trade inquiry, documentation and sales spread management.
read more >FinIQ and Deutsche Bank Wealth Management believe that by bringing to market the world’s first mobile app for structured products, the industry as a whole will benefit from greater transparency, better informed clients and more relevant portfolios.
view link >FinIQ is pleased to announce the successful upgrade of four of its major clients, all on the same day. Each of the projects were executed over an average period of seven months and all went live as planned.
read more >RHB Bank, Malaysia went live with FinIQ's FX Spot aggregation engine which will see more streamlined foreign exchange position collection from various point of sales sources and electronic updates into the trading books. RHB is already live on the FinIQ Structured Products branch distribution module for few years.
FinIQ has included Equity OTC options to its EQ-Connect
platform. The platform currently supports
OTC Accumulators/Decumalators, Basket DRA/FCN and ELN/KOELN.
OTC Options will be initially supported
by three leading market makers. FinIQ currently has 10
market makers acting as liquidity providers
on its platform. FinIQ's EQ Connect platform has been
selected by three leading wealth management
institutions and two more are expected to follow the suit.
FinIQ signed its third client for its cross asset
collateral module. The Hong Kong based bank will
deploy the FinIQ system to monitor exposure from its
treasury and capital markets business. Variety
of cash, derivatives and structured trades are pooled from
trading systems via online connections
and batch imports to keep the exposures in sync with
client's trading activities. Similarly saving
accounts, term deposit, shares, bonds and notes balances are
pooled to update the collateral
balances.
read
more >
FinIQ is pleased to announce incorporation of fully
configured FX option strategies in its FX
trading platform. The new feature allows introduction of
brand new strategies based on vanilla and
exotic options with single or multiple expiries. The
combination can be generically named such as
Risk Reversal, Calendar Spread or brand-named as per bank's
own choice.
read
more >
FinIQ is pleased to announce that it has signed it's first
ever cash equity client. A Singapore
bank will use the system to book orders transacted on
exchange worldwide. The system will automate
trade verification, documentation, transfers and maintain
both cash and share balances for bank's
private wealth clients. Over 25 different corporate actions
are supported by the system, improving
entitlement processing efficiency. Client statements are
comprehensive including variety of
transactions including purchase, sale, dividend, bonus,
transfer, exercise, etc.
read
more >
FinIQ, a specialist software solution provider for the
distribution and transaction
processing of treasury and wealth management products, today
announced it has launched
the world's first multi-asset, multi-dealer connectivity
platform for equity-linked
and FX-linked structured products.
read
more >
FinIQ is proud to announce successful completion of ten
years of live production
usage with its first three clients. In the year 2003, as
soon as FinIQ released
its first version, it signed agreements with three leading
banks in Singapore, all
of which went live with FinIQ within a year.
read
more >
FinIQ announces that it has signed an agreement with another
local bank in Hong
Kong to implement the FinIQ wealth management solution.
Terry Hung, FinIQ's regional
head for Greater China adds, "This will be our 9th success
in Hong Kong and 21st
client site in the region, which covers China, Macao,
Taiwan, The Philippines and
Hong Kong. We are expecting to add at least 5 more new
clients this year". The FinIQ
system will improve pricing and processing efficiency of the
bank's structured products
business connecting relationship managers to the central
dealing and operations
teams via its electronic platform.
read
more >
FinIQ is pleased to announce that Bank of China, Macau has
licensed its Bonds and
Equity Linked modules. These modules will help the bank
scale up its fixed income,
equity linked and structured products businesses by
connecting its branch network
with the central dealing and backoffice operations. FinIQ's
platform will streamline
price discovery, order management, order aggregation,
allocation, settlements, documentation,
accounting, coupons, fixing, reporting, and compliance,
among other things.
read
more >
FinIQ has signed three new license agreements in the
Asia-Pacific region. With these
agreements, two more banks have joined the growing list of
wealth management players
adopting the FinIQ distribution platform. The three
initiatives will benefit almost
a thousand bankers, who will see major productivity gains in
their product distribution
capability.
read
more >
FinIQ has integrated its customer suitability checks, third
party liquidity links,
pricing models, collateral and limit checks, document
generation, interbank hedges,
post trade fixing events and payout rules into one front
end. Based on roles and
responsibilities of individual users, various entitlement
profiles can be created.
The entire offering is wrapped in a customizable workflow
engine that allows approval
and processing with complete audit trail.
read
more >
FinIQ is pleased to announce addition of a brand new
Suitability module to its suite.
In the past versions, suitability functionality was present
but was closely linked
with the underlying instruments. The new module is
completely service-oriented and can be used not
only by FinIQ platform but also by another
third-party or in-house system.
read
more >
FinIQ is pleased to announce addition of more liquidity
providers to its distribution
platform. FinIQ was one of the earliest entrants in this
market and has already
been live with real-time trading links to two of the largest
market makers for FX
options.
read
more >
FinIQ today announced that CIMB Bank, Singapore went live on
the FinIQ distribution
platform after a fast track implementation that took less
than three months.
read
more >
FinIQ is pleased to announce that three leading local banks
in Indonesia, Hong Kong
and Malaysia went live with FinIQ structured products
solution recently.
read
more >
FinIQ is pleased to announce that a large Indonesian bank
has gone live with its FX linked
structured products module. The implementation was done
successfully within 3 months of kick-off.
read
more >
FinIQ releases most comprehensive, front to back Equity OTC
and accumulator module
in addition to equity linked investment products. FinIQ's
unique payout rule engine
allows its clients to launch variety of OTC and note
products with payouts of their
choice.
read
more >
AmBank Group and FinIQ are pleased to announce that AmBank
will be using the FinIQ
e-Treasury platform to automate bank’s treasury and
structured product distribution.
read
more >
FinIQ has launched a Bank-wide Collateral Management module,
which provides distinct
features catering to the most advanced financial instruments
such as FX and equity
accumulators and other multi-leg option strategies. The
module is comprehensive
in its handling of variety of banking and trading exposures
including overdraft,
loan, IRS, forwards, standby LC, bank guarantee, etc.
read
more >
G. K. Goh Financial Services, the financial, commodities,
metals and energy derivative
brokerage and foreign exchange trading arm of G. K. Goh
Holdings based in Singapore,
has signed a deal to...
read more
>
Ta Chong Bank in Taipei went live with FinIQ's Liquidity
Link system at the end
of November, to automate the liquidity-provision process in
forex options.
read
more >
FinIQ is pleased to announce the first commercially live
implementation of its new
service Liquidity Link. In this implementation Liqudity Link
connects a retail bank
to one of the largest market makers in the options market.
read more
>
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.
read more
>
Following the successful implementation of FinIQ by its
Treasury Markets Division to support its
second generation structured products business, The Bank of
East Asia ("BEA") has announced that it
will extend the use of FinIQ to its private banking
business.
read more
>
FinIQ today signed its first ever ELI client in Malaysia.
The bank
will use the platform to distribute and process various
types of ELI instruments
through its retail network.
read more
>
FinIQ today announced that ANZ has chosen FinIQ as its
trading and distribution
platform for its FX structured products business. ANZ will
become FinIQ’s first
customer in Australia as the company expands beyond its
Asian customer base.
read more >
Ta Chong Bank, Taiwan ["TCB"] and FinIQ are pleased to
announce that TCB
will implement FinIQ's Structured Products solution for
managing TCB's currency
linked investment products offered via its treasury and
branch network.
read more >
China Construction Bank (Asia) ["CCB (Asia)"] and FinIQ are
pleased
to announce an agreement to deploy the FinIQ System for
managing the Structured
Products business for the bank and its subsidiary, China
Construction Bank (Asia)
Finance ["CCB (Asia) Finance"]
read more
>
Bank of East Asia (BEA) plans to go live with the FinIQ
Structured Products System in Hong Kong by
year-end, to augment its treasury business, say vendor
officials.
read more >
OCBC Bank expects to see 20% growth in its dual currency
returns (DCR)
business in Singapore next year, following implementation of
a structured deposit
pricing and processing system from FinIQ, said bank
officials.
read more
>
JP Morgan plans to go live with a structured deposit pricing
and processing system by mid-June, to
automate the roll-out of dual currency investment products.
read more >
Standard Chartered (StanChart) is rolling out a structured
deposit pricing
and processing system for its currency-linked investments
businesses globally.
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FinIQ Consulting Pte Ltd has implemented its FinIQ System at
United Overseas Bank
Limited, Singapore (UOB"). The system is being used by the
Bank to streamline and
more efficiently manage its dual currency deposit business.
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