BEA Selects FinIQ Structured Products System to Strengthen its Treasury Business

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FinIQ Group is pleased to announce that The Bank of East Asia ("BEA"), the largest independent local bank in Hong Kong, has selected the FinIQ Structured Products System ("FinIQ System") to augment its treasury business.

We are proud to have BEA as our valued client and we look forward to strengthening our partnership in the future. We are confident that the new system will enable BEA to automate the trading and distribution of some of the most complex financial products tailored to its customers.

FinIQ Group is pleased to announce that The Bank of East Asia ("BEA"), the largest independent local bank in Hong Kong, has selected the FinIQ Structured Products System ("FinIQ System") to augment its treasury business.

The new system will help BEA enhance its automation capability and processing efficiency for foreign exchange and interest rate structured products, covering valuation and pricing, deal booking, customer credit tracking and post-trade processing. The FinIQ System will serve as a robust and reliable interface for integration with BEA's various core systems including risk management, settlement and accounting.

Mr. Milind Kulkarni, CEO of the FinIQ Group, said: "We are proud to have BEA as our valued client and we look forward to strengthening our partnership in the future. We are confident that the new system will enable BEA to automate the trading and distribution of some of the most complex financial products tailored to its customers."

After a rigorous evaluation process, BEA selected the FinIQ system to support the operation and expansion of the bank's corporate treasury business. According to BEA, the FinIQ System was chosen for its functional breadth and depth and its effectiveness in terms of interfacing with different systems within the bank. With the FinIQ System, BEA will be able to enjoy higher efficiency in the trade and post-trade processes, allowing it to expand its treasury business and deliver services of even greater value to its growing customer base.

For more information about FinIQ's products and services, please visit its website at http://www.finiq.com.

For press enquiries, please contact:

Mr. Shodhan Shah
Director
FinIQ Consulting Pte Ltd
Tel.: +65-6233-6884

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