Global technology and service provider Itiviti has announced that PT Bahana Sekuritas, an Indonesian investment house, has deployed its high and low touch trading solution.
The solution, which has been implemented with the aim of enhancing PT Bahana Sekuritas’ management capabilities and customer experience, includes an automated OMS platform as well as a connectivity and risk management layer.
Feb Sumandar, President Director of PT Bahana Sekuritas stated: “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.”
As a result of the solution’s implementation, the investment entity’s sales traders will now manage multiple Care and DMA client orders via a single platform. Moreover, PT Bahana Sekuritas will now have the ability to effectively provide direct market access to its broker 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.”
Ashish Agrawal, Head of Institutional Equity Trading, PT Bahana Sekuritas concluded: “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.”
