Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that PT Bahana Sekuritas, a major player in the Indonesian capital market, has deployed Itiviti’s high and low-touch trading solution to enhance order management capabilities and better serve its regional clients.
The Itiviti solution, which includes a highly automated OMS platform as well as a connectivity and risk management layer, enables PT Bahana Sekuritas’ equities sales traders to effectively manage multiple Care and DMA client orders via a single platform, while providing direct market access to its broker clients.
Feb Sumandar, President Director of PT Bahana Sekuritas commented: “In equity trading, performance and accuracy of the trading platform are the most important metrics that we would like to increase for our clients’ execution satisfaction. Combined with the comprehensive application-monitoring tools that will increase client’s confidence to ensure effective troubleshooting if any. We value that our Itiviti solution provides all these capabilities, i.e., performance, accuracy and comprehensive application monitoring tools.”
Ashish Agrawal, Head of Institutional Equity Trading, PT Bahana Sekuritas commented: “When looking to replace our existing trading system, we were impressed with the significant benefits the Itiviti trading solution offers. In terms of technology, performance and services, Itiviti stands out from the competition. We really look forward to utilizing our new OMS platform to enhance our offering and provide innovative services to our clients.”
Ofir Gefen, Head of APAC, Itiviti commented: “We are very excited to partner with PT Bahana Sekuritas, one of the leading financial institutions pioneering in adopting new technologies in Indonesia for the past several decades. Emerging markets are clearly becoming more complex and market participants demand more sophisticated and robust execution platforms to beat competitors. Itiviti, with our global footprint, state-of-the-art technology and strong service culture is the natural fit.”
Itiviti is exhibiting at the FIA Asia Derivatives Conference on December 3-5, 2019 at the St. Regis Hotel, Singapore, showcasing its buy-side and sell-side solutions.