CCK Financial Solutions Ltd (CCK), a leading provider of treasury and capital market solutions, today announced it has entered into a distribution agreement with AsiaDecision Information Inc. in Taiwan for Guava Suite, CCK’s treasury management system. AsiaDecision and its associated company AsiaMiner International Co Ltd are specialists in Business Intelligence and Risk Management in Taiwan. AsiaDecision will be responsible for the marketing of the system in Taiwan, and will also build a support and implementation team to support local clients.
Hans Chou, General Manager of AsiaDecision, said “AsiaDecision is excited to work together with CCK to expand the market for Guava in Taiwan. We have already commenced to build a team to not only market but support the product in Taiwan. Currently, many banks in Taiwan need to use one system for their domestic requirements, particularly for domestic fixed income, and another system for international treasury requirements. Guava is able to handle both within the same system, so we have a solution which is able to provide significant improvements to these banks.” Joseph Wong, Managing Director of CCK, said “CCK is very pleased to enter into this distribution agreement with AsiaDecision. We believe that the combination of Guava’s functionality and AsiaDecision’s team of professionals will enable us to provide a good solution to local banks to support both their domestic and international treasury and investment requirements.”
Guava is a fully integrated suite of front to back office treasury and wholesale banking applications, which provides users with effective straight through processing. The suite of products cover dealing (including pricing of financial products, portfolio analysis and deal capture), risk management (including limit management, computation of Value at Risk and compliance reporting) operations (including confirmations and settlement) and accounting.
