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Hong Kong Stock Exchanges & Clearing
Industry
Banking and Finance
Service
Broadband, Data
Challenges
HKEx required an advanced system to maintain a higher degree of inter-site network reliability, scalability and improve its network capacity to handle the expanding requirements stemming from different business trading markets
Solutions
WTT has helped HKEx to upgrade its core inter-site network infrastructure for derivative market on our dedicated fibre optic network coupled with Nortel optical metro multi-service platform and Cisco network switches. FMIS, a world-class application implementation service is set up to help HKEx consolidate data from various sources and streamline information processing and streamline its financial data integrities and analytical functionalities
Delivering Business Class Services to Strengthen Stock Market Competitiveness

WTT announced the successful deployment of HKEx's Financial Management Information System (FMIS) solution and the completion of its core inter-site network infrastructure upgrade for HKEx's derivatives markets.

The newly upgraded core inter-site network infrastructure for derivative market runs on WTT dedicated fibre optic network coupled with Nortel optical metro multi-service platform and Cisco network switches. The upgraded infrastructure helps HKEx to achieve higher degree of inter-site network reliability, scalability and improve its network capacity to handle the expanding requirements stemming from different business trading markets. Beyond infrastructure, WTT also provides world-class application implementation service, FMIS, to help HKEx consolidate data from various sources and streamline information processing for the Management. FMIS has improved and streamlined its financial data integrities and analytical functionalities which provides critical and timely financial information in the decision making process.

WTT has strong background in network infrastructure and professional services. With extensive domain know-how accumulated from various industries, WTT fully understands the business and operational requirements and needs of HKEx for a reliable and scalable network infrastructure and sophisticated information management system. "We believe that our profound system integration expertise and devoted commitment on service quality is the key to fulfilling customers' satisfaction and hence establishing customer mindshare," said Vincent Ma, President of WTT HK Ltd.

"We are impressed with WTT's networking technology and professional services dedicated and excellent solution delivered to HKEx. After an extensive evaluation of the 'Proof of Concept' exercise in the final vendor selection, WTT clinched the deals by performing well in both technology innovation and solution implementation criteria. WTT has delivered a reliable, flexible and scalable converged solution with high bandwidth for the mission critical data transmission and processing," said Alfred Wong, Chief Technology Officer and Head of Information Technology, Hong Kong Exchanges and Clearing Limited. "We regard WTT as one of our strategic partners in helping us to fulfil our mission and future plan."