Chinese CITC Securities chooses SunGard 18 May 2012Bejing Reporter: Georgina Lavers
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CITIC Securities has chosen SunGard’s Asset Arena Investment Accounting solution as the accounting solution for its asset management business.
CITICS is relying on Asset Arena to help it meet multi-currency, multi-GAAP, multi-market and multi-product valuation accounting requirements.
Wang Yanqing, vice president and head of China operations in SunGard’s asset management business said: “CITICS selected SunGard because of our product management strategy, our deep understanding of Chinese and international business and our proven reliability in delivering on-time, on-budget implementations in China.”
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