Hengtian Again Collaborates with Donghai Securities
In December of 2014, Hengtian signed a Project Cooperation Framework Agreement with Donghai Securities in building a Bond Straight Integrated Business Platform. The collaboration marks the continued growth of the relationship between the two parties. Both parties will work to build the industry-leading Bond Straight Integrated Business Platform, which will embed the connection from The Central Securities Depository Trust & Clearing Co. Ltd. and Shanghai Clearing House. It will also integrate Donghai Securities’ fund risk control system and financial accounting system, allowing the company to implement paperless clearing procedures. The system will have a strong capacity for dealing with business instructions as well as a highly reliable and scalable foundation platform and user interface. This will improve the efficiency of transactions, fund monitoring, and risk control for Donghai Securities. Since early 2011, Hengtian has built several platforms and systems for Donghai Securities, including the Integrated Market Data Service Platform and the Bond Straight Clearing System. These systems have been very stable since they’ve been released, and garnered much praise from clients. About Donghai Securities Donghai Securities, formerly known as Changzhou Securities, is one of the earliest established and fastest growing securities companies in China. The total amount of assets managed by the company has recently reached 80 billion yuan. Donghai Securities is one of the most innovative securities company in China, having been selected as one of the first Ten Innovative Pilot Securities Companies in the nation. The innovative business of Donghai Securities specializes in asset securitization, short-term financial bonds, and financial derivatives, and strongly leads the domestic financial industry.
Hengtian is a technology services company in Hangzhou, China, an alliance among State Street Corporation, Insigma Technology (a Global Outsourcing 100 Company) and Zhejiang University (A Top Three University in China). Hengtian is dedicated to providing reliable and professional IT services and products for companies at home and abroad. The company offers enterprises customized software development services and IT products and solutions in relation to finance, manufacturing, and retailing, to name a few.