Mumbai, Feb 2008: FinEng Solutions announced today that Shinsei Mutual fund has appointed FinEng to implement their funds management product; Quantis.

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

Speaking on the occasion, Sandeep Bhandarkar, Managing Director and Chief Executive Officer said: ‘Quantis will enable Shinsei in automating its investment management process. Quantis supports the complex and diverse types of fixed income instruments in the Indian market as well as the increasingly complex investment guidelines mandated by the regulator”

FinEng’s agreement with Shinsei, reinforces its postion as the preferred mutual funds technology solutions provider, to the latest foreign entrants in the Indian market.

About FinEng

FinEng is a software company developing and supporting products for the financial services industry. They have expertise in institutional funds management, wealth management and credit risk analysis. FinEng has 2 offices located in Mumbai and Chennai with 130 employees and has a global clientele.

About Shinsei Bank

Shinsei Bank is a leading diversified Japanese financial institution providing a full range of financial products and services to both institutional and individual customers. The Bank has total assets of ¥11.5 trillion ($115 billion) on a consolidated basis (as of March 2008) and a network of 39 outlets that includes 35 Shinsei Financial Centers, 2 Platinum Centers and 2 BankSpots in Japan. Shinsei Bank demands uncompromising levels of integrity and transparency in all its activities to earn the trust of customers, staff and shareholders. The Bank is committed to delivering long-term profit growth and increasing value for all its stakeholders.


For further information please contact media@fineng.com