June 2009
COVER STORY Enter the Dragon China's Mutual Fund Industry Goes International China is opening its mutual fund industry to international investing, injecting more than 1 billion potential investors into the international markets. Meanwhile, Western fund managers and technology providers are scrambling to provide much needed expertise to Chinese investment firms. 20 of the Top Chinese Fund Management Companies The Chinese mutual fund industry is currently 1/10th of the size of the U.S. industry, but is growing fast. Here are 20 of the top Chinese fund management companies, which also include joint ventures with some big Western banks. Primary Technology Vendors in China Many vendors are already at work providing services in China. Here are some of the key Chinese financial technology vendors, as well as a short list of some of the Western technology providers with operations in China. 7 Tips for Doing Business in China Those doing business in China must remember that the country is steeped in strict cultural and social traditions, so we've compiled some tips on what you really need to know to succeed. CLOSE UPWeSeed Looks to Provide Wall Street With a Cash InfusionJennifer Openshaw, TV personality and Weseed cofounder, has her own agenda for kick-starting the economy: Educate and motivate non-investors to start putting their money into the Street. INDUSTRY VOICERetail Financial Services Firms Must Adapt to Changing LandscapeWith investors' trust shaken, firms need new approaches to working with wealth management clients. PERSPECTIVESOTC, Central Clearing or Exchange-Traded: Choosing the Right PathIncreasing capital reserve requirements for OTC self-cleared products would change the economics of the marketplace and may nudge the indusrty toward an exchange-traded model. |
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FROM THE EDITORStill Stressed Over Bank Stress TestsAlthough investors greeted the results of the government's banking stress tests with cheers, were the tests strict enough to help prevent another financial meltdown? TRADINGWall Street Opens Doors to Open Source TechnologiesThe recession combined with access to a worldwide community of developers is driving capital markets firms to adopt open source technologies in increasing numbers. ASSET MANAGEMENTMashups Slowly Gain Traction on Wall StreetWhile adoption of mashups by capital markets firms has been slow, the technology promises to empower business users, improve information sharing, boost productivity and strengthen customer relationships -- if security concerns can be overcome. INFRASTRUCTURECiti Taps CEP for Analyzing Equity DataGlobal financial giant uses Coral8 software to perform complex pattern matching on equity data in real time. Extreme Makeover: Broker Workstation Edition A quest for increased adviser productivity and a forthcoming cost-basis reporting law are driving wealth management technology integrations and upgrades at Canada's largest brokerage, RBC Dominion Securities, and U.S. advisory firm Silver Bridge as well as others. UPDATEE*Trade Accelerates Mobile TradingUpgrading from a basic WAP app to a thick client helped drive a 139 percent increase in daily average revenue trades. Exchanges, Banks and Brokerages Start Tweeting Exchanges, brokerages, banks and regulators are all jumping on the Twitter bandwagon and exploring new ways to reach out to their customers -- and sometimes their foes. PRODUCT WATCHSungard Launches New Adaptiv Enterprise Risk SolutionThe solutions features enhancements to areas such as collateral management, market risk and operational efficiency and control. Skyler Releases Solution for Management of Multiple Market Data Sources Solution targeted at firms that rely on more than one source of data for the pricing of the instruments they trade. Activ Financial and Hanweck Upgrade Joint Options Analytics Solution Ballista ATS says it's achieved ten-fold performance improvements with enhanced solution. |