RHB Investments Taps Fidessa for Asian Trading Platform
Malaysian bank implements front-office platform for Asian algorithmic trading.
RHB has implemented the Fidessa platform for algorithmic trading across all member markets and a centralized order-management system with integrated middle-office support across the Asian regions. A key consideration for RHB was the ability to on-board a number of FIX clients with speed and agility, alongside the choice to execute manually, directly, or through algorithmic models tailored to different countries.
"RHB clients will see a substantial improvement in our services, whether they want to trade across Asia or internationally," says Lena Yong, head of institutional broking for RHB. "Implementing this solution was an integral part of our strategy to consolidate our systems and continue to be a 'premier league' investment bank."
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