31 August 2015

China Life Asset Management Company chooses Markit EDM platform

11 February 2014  |  827 views  |  0 Source: Markit

Markit, a leading, global financial information services company, today announced that China Life Asset Management Company (CLAMC) has selected Markit's enterprise data management (EDM) platform.

The platform will act as a central hub for all of CLAMC's securities, pricing, positions and transaction data. After a competitive pitch involving an extensive list of international and local EDM vendors, Markit's implementation record stood out as did its ability to meet CLAMC's broad set of needs.

"This is a significant contract to win in the Chinese market. Our insurance asset management credentials, experience with the software platforms used by CLAMC and local presence were deciding factors in our successful bid," said Daniel Simpson, managing director and head of enterprise software at Markit. "When we started our operations in Asia, we committed for the long term and we are delighted to be working with such a prestigious financial institution in China."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Android Pay could launch this week
6648 views comments | 26 tweets | 22 linkedin
SunGard system glitch causes havoc for BNY...
6548 views comments | 13 tweets | 12 linkedin
FIS opens Indian financial inclusion lab
6070 views comments | 14 tweets | 2 linkedin
Kenya's NIC Bank links to Twitter and What...
5899 views comments | 27 tweets | 15 linkedin
MyECheck unveils mobile payments system
5719 views comments | 9 tweets | 2 linkedin

Featured job

up to £95K base, £190K OTE, benefits
London, UK

Find your next job