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Monday, October 30, 2000

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Daiwa Securities goes live

HYDERABAD: Wilco International, a wholly-owned subsidiary of Advanced Data Processing Inc, specialising in solutions to support retail and institutional securities transactions processing and brokerage companies, has deployed its Glos s transaction processing system for Daiwa Securities SB Markets Hong Kong Ltd.

Daiwa Securities is using Wilco's Gloss System to process all its agency business with a high volume of trade now being processed in over 10 markets worldwide. These include Tokyo, New York, London, Paris, Frankfurt, Geneva, Seoul, Beijing, Shanghai, th e Philippines and Hong Kong, according to a Wilco International release. -- Our Bureau

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