From the Wires
Orange Business Services - Trading Solutions Signs Open Trade Client in China
By: Business Wire
Dec. 3, 2012 08:55 AM
Orange Business Services - Trading Solutions (Trading Solutions), the leader in voice and electronic trading infrastructure and services for the trading communities today announced an Open Trade client win in China. The National Association of Financial Market Institution Investors (NAFMII), a self-regulatory organisation which aims to promote sustainable development of the Chinese OTC market, has deployed the smart turret on its Beijing trading floor.
With the most advanced cutting-edge technology solutions available on NAFMII’s trading floor, Open Trade allows users to manage multiple calls simultaneously. As well as delivering an advanced technology experience, the smart turret with the recording system increases profitability and improves customer satisfaction through better working efficiencies. The compact design ensures a small foot print in the server room and requires minimum desk real estate.
As a self-regulatory organisation in China, NAFMII’s members include policy banks, commercial banks, credit cooperative banks, insurance companies, securities houses, fund management companies, trust and investment companies, finance companies affiliated with corporations, credit rating agencies, accounting firms and companies in non-financial sectors.
“This deployment provides us with significant new opportunity to penetrate the Chinese market. As more companies in Asia are demanding advanced, innovative technology for their trading needs, we are well placed to deliver on these requirements,” said Lionel Grosclaude, CEO of Trading Solutions. “We look forward to supporting NAFMII and potentially their members in the future.”
National Association of Financial Market Institutional Investors was
founded on September 3, 2007, under the approval of the State Council of
China. NAFMII aims to propel the development of China OTC financial
market, which is composed of interbank bond market, inter-bank lending
market, foreign exchange market, commercial paper market and gold market.
France Telecom-Orange is one of the world’s leading telecommunications operators with 171,000 employees worldwide, including 105,000 employees in France, and sales of 10.9 billion euros in the first three months of 2012. Present in 33 countries, the Group had a customer base of 225 million customers at 31 March 2012, including 181 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. At 31 March 2012, the Group had 166 million mobile customers and 15 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies. For more information visit: www.orange.com or www.orange-innovation.tv
About Orange Business Services
Orange Business Services, the France Telecom-Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. With the world's largest, seamless network for voice and data, Orange Business Services reaches 220 countries and territories with local support in 166. Thousands of enterprise customers and 1.4 million mobile data users rely on an Orange Business Services international platform for communicating and conducting business. Learn more at www.orange-business.com
About Orange Business Services - Trading Solutions
Orange Business Services - Trading Solutions (Trading Solutions) is a leading provider of convergent voice and electronic trading infrastructure and services for the trading communities. It is an international subsidiary of the Orange Group, employing over 450 people in the major financial centres across the globe including Beijing, Frankfurt, Geneva, Hong Kong, London, Madrid, Milan, New York, Paris, Shanghai, Sydney, Singapore, Tokyo and Zurich. The company is supported by a global partner network of distributors in 50 countries offering customers 24/7 service.
Trading Solutions has more than 45 years' experience of working with the financial services trading industry. Focusing on building long-term partnerships with customers, the company brings innovative solutions and the highest quality services to the trading community. It provides optimised solutions over its dedicated trading network to a community of more than 2,000 network member organisations, encompassing buy-side and sell side institutions and trading venues.
Trading Solutions also offers flexible trading products and services including state of the art, unified voice trading solutions. Its next generation Open Trade turrets feature programmable user interfaces, touchscreens and voice/instant messaging recording solutions. Open Trade was named 'best innovation by an IT or software firm' in the trading and execution category in the FOW Awards 2011 and Trading Solutions was recognised as a Financial-i 'leader in innovation' two years running in 2010 and 2011, for its IP network offering.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A)
and on the New York Stock Exchange.
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