FinEng Solution - Media - HSBC Asset Management Company (AMC) upgrades to Quantis version

HSBC Asset Management Company (AMC) upgrades to Quantis version

Mumbai, March 2009: HSBC Asset Management (India) Private Limited has recently opted for the upgrading its existing version of Quantis to the latest Version 4. This decision was taken after a successful implementation of Version 4 early this year for their EPFO operations. The new version is expected to provide HSBC AMC the following benefits:


	A totally revamped ‘rule based’ limits engine which would provide the AMC with increased flexibility in setting and monitoring newer, more complex limits, both regulatory and internal.

	A new equity order management module, which provides single views of cash equity and derivatives as well as seamless integration between simulation and order placement.

	Real time integration with equity brokers

	Ability to conduct spread analysis for the fixed income portfolios

About Quantis

Quantis is an application that allows for end-to-end Investment Management Operations – from Analytics and Order Management to Accounting and NAV Generation. Strong user defined compliance rules and workflow are integral to the product.

About FinEng

FinEng is a software company developing and supporting products for the financial services industry. Its expertise is in institutional funds management, wealth management and credit risk. FinEng has 2 offices located in Mumbai and Chennai with 130 employees and has a strong, multinational client base.

About HSBC Global Asset Management in India

HSBC Asset Management (India) Private Limited is the Investment Manager to HSBC Mutual Fund, set up locally by the HSBC Group. HSBC Mutual Fund is the brand name adopted by HSBC Asset Management (India) Private Limited. The business is working on ambitious plans to position itself as one of the leading Private Sector Fund Managers in the Indian financial market - one of the most promising markets in Asia. It also aims to expand its customer base by extending its product range to include a wide variety of investment products and enhance its reputation in India of being a provider of international quality investment products and services.

For further information please contact media@fineng.com