Post-trade processor Omgeo is partnering with Chinese IT systems house Hundsun Technologies to create a Chinese language interface to its Central Trade Manager product.
The interface between Omgeo CTM and Hundsun will enable Chinese investment managers to automate cross-border trade processing with Omgeo's global community of brokers and investment managers.
Users of the interface will be able to access their Hundsun order management system, and the link to Omgeo, in Mandarin. Development will start later this year, with delivery promised sometime in 2010.
Hundsun says its order management system is currently used by 92% of China's booming asset management community
Hanlin Fang, VP of Hundsun Technologies states: "Providing an end to end solution for cross border trade processing will significantly reduce operational risk and offer a greater level of security for China investment managers when they invest in offshore markets."