Source: Intellect Design Arena
Intellect Design Arena Ltd, a digital financial technology product provider, has successfully won the deal from BDO Nomura, a premier investment house in Philippines and a joint venture between BDO Unibank (the leading bank in Philippines) and Nomura, Japan a leading financial services firm.
With this, Intellect marks its first deal in the Securities Trading segment in the Country. Intellect will be implementing Integrated Portfolio Management Solution (iPMS) its Capital Markets solution suite - OneMARKETS. iPMS will provide the front-mid-back office management along with Digital Markets Portal which includes Mobile Trading and Equity Research to BDO Nomura.
Koichi Katakawa, President, BDO Nomura said, “We wanted to revamp and modernize our securities trading business. Our goal is to become one of the premier securities brokerage firms in the Philippines by providing online trading services for local and international stocks to investors. Intellect was the only technology partner to have successfully demonstrated an integrated seamless data flow between Front Office (FO), Mid Office (MO) and Back Office (BO) management. We are sure that iPMS from OneMARKETS will help with the firm’s 10X growth aspirations in three years”
With the implementation of iPMS brokerage houses and investment firms will be equipped to serve Institutional, Retail and HNI (High Net worth Individuals) customers by managing their portfolios across asset classes and markets. It is a stepping stone for institutions wanting to move away from traditional brokerage services towards offering full scale investment management services along with trading and equity research, powered by the Digital Markets Portal.
K. Srinivasan, President, Growth Markets, Intellect Design Arena said, “BDO Nomura, a joint venture between BDO Unibank, a leading bank and Nomura, a leading financial services firm in Philippines, is truly a marquee deal for us in the Securities Trading Segment. Intellect’s Integrated Portfolio Management Solution, powered by Digital Markets Portal, comprises of Order and Execution management that will empower the digital journey of the Total Trade Life Cycle, Seamless Omni-Channel experience and increasing customer engagement”.