Sphinx Asia implements Open Office Transaction capabilities

Sphinx Asia implements Open Office Transaction capabilities

Sphinx Asia Wealth Management, www.sphinxasia.com, recently announced the implementation and beta testing of an advance transaction technology.

The completed solution that was designed and developed by Order Transmissions Solutions Inc for Sphinx Asia Wealth Management covers the process of orders transmission to Stock Exchanges and direct communication to the various relevant markets via ODL Service.

The system is constituted by applications of management and follow-up of orders, sub system of rules and applications of reception and transmission of commands and acts, as well as applications for all the collaborators and customers of company. The system is being supported by a Distributed Order Routing Server and supports processes for e-Stock Trade via Dial-up and Internet.

This pioneering system is a complete solution for the transmission of all orders from the network, of sub-companies and branches, to the central company's 'station''. Beta testing is in process and upon live implementation the system is expected to give Sphinx Asia the kind of market execution edge most other equity firms in Asia could only dream of.

The company, via the system, will gather all the data of the customers, informs on-line the portfolio of each customer and is aware of his situation at any moment.

It will also provide to the customer the possibility to track "Real Time" the daily meeting of ASE and making on-line transactions, to analyze the data so to be able to take the best decision for the best investment. Also, with this new and innovative technology, the customer can see at any time his portfolio and the situation of his orders.

"We see this as an essential add-on to our already efficient execution capabilities and well worth the substantial investment we have made for the benefit of our customers" Foster McMillan, Head of Equity research and Systems Development.

Sphinx Asia is an investment and wealth management firm that serves individual and corporate clients. The company has over 45 years of experience in the investment banking industry. This level of experience makes it possible for Sphinx Asia to provide accurate, insightful analysis of the latest financial research. The company also provides advice to clients that would like to reduce their tax burdens with offshore savings accounts.

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