Financial Services
Beyondsoft ADM offers integration of both hardware and software solutions across the domains of retail banking, investment banking and insurance, etc.
The Financial Services Team in Beyondsoft comprises a pool of experienced professionals with both international and domestic experience in implementing finance applications systems. We have skill base spanning the financial services domain namely Trading, Clearing and Settlement, Depository, Brokerage, Asset Management, National Payment systems and Regulatory Institutions, etc.
Our professional team has a strong contextual understanding of the business of our clients and the business markets. We help our clients achieve high levels of performance and profitability by providing a variety of consulting services focused on client's business, processes and systems. These include process improvement and STP (Straight-Through-Processing) consulting, IT and business process re-engineering, enterprise frameworks, business model definition for new services and products, product evaluation and procurement services.
With the advent of the Qualified Foreign Institutional Investor (QFII) and Qualified Domestic Institutional Investor (QDII) initiatives, Beyondsoft Financial Service team is focused on providing the applications development needs and consulting opportunities in various types of investment banking application systems such as:
E.g. our financial services team has identified the following system development needs for QFII firms:
Existing Investment Banking System Enhancements
· Need to connect foreign IB systems to core trading infrastructures.
 Stock exchanges
Market Data
etc.
· Need to adapt foreign IB systems to local interface protocol/standards.
E.g., current market data are stored in dbf format while most IB has using XML formatted messages.
· Need to convert local protocol/standards to foreign equivalents.
E.g, foreign IB needs to enable China market trading in overseas.
· Need to cater to multiple protocol/standards.
· Need to protect current system stability while investing on building new
systems/platforms.
· Need for system flexibility, robustness, high availability, scalability and
usability.
· Need for language localizations and customize or build new features. The Financial Services team is offering the following services in relation to the above mentioned opportunities:
· Facilitate building of a standard trading platform
Minimize the need to change messaging formats in existing systems.
Enable information exchange and message routing between local
financial institutions or agencies.
Introduction of new interface/messaging standards, e.g. settlement
agencies data exchange interface changes, inter-bank data exchange
interface changes
Utilizing self-defined protocol types to facilitate information/data
exchanges between financial institutions. Help promote system
scalability.
· Utilize international or industry standards or protocols when carrying out
international investment trading businesses. China to overseas
interface/connection
· Adoption of various financial messaging standards such as FIX SWFIT and
Omgeo Within China C inter-bank/institution connection via China finance
industry standards or apply message translation/routing logic.
· Consolidate internal systems and architecture to build a finance services
network platform.
· Existing brokers internal system consolidation. Enhance existing finance
application systems and turn them into standard finance services system
platforms that facilitate local and foreign finance systems interfaces.
Information Technology
Beyondsoft's ADM team also provides general applications development and maintenance services for the IT industry sector. For example, the development of embedded applications or e-commerce applications for software and hardware product manufacturers or companies. For overseas companies who want to introduce or market their software or hardware products into China , out IT services team within ADM can provide the necessary localization development. This include both language and features localizations.
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