News
JUDO SYSTEMS OUTLINES GROWTH PATH FOR SECURITIES BROKERAGES IN VIETNAM
Company notes that brokerages’ use of technology evolves as securities markets mature
SAN FRANCISCO, Calif. (June 01, 2008) — Judo Systems, the developer of advanced technology solutions for financial institutions in emerging markets, released a white paper targeted at helping securities brokerages in Vietnam to think about their growth plans. Based on examining various capital markets around the world, the white paper documents how capital markets evolve from an “emerging” state to a “mature” state and how securities brokerages typically adopt more focused strategies and business models to navigate this evolution successfully.
"We see that there are three stages of evolution for capital markets,” said Tony Long Mai, CEO and founder of Judo Systems. “In emerging markets, where the domestic securities industry is relatively new, brokerages are typically trying to differentiate themselves and to grow as quickly as possible. Often, brokerages encounter challenges if their information technology is neither flexible enough nor robust enough to support their needs.”
“In developing and mature markets, the needs and stakes are even greater,” Mai added. “Brokerages must shift first from rapid growth to profitable growth, especially if they become public companies themselves. By the time the domestic capital markets are fully mature, one typically sees three groups of brokerages: those competing on client service, innovation, and cost.”
“In all three cases,” Mai continued, “an operational issue can damage, and potentially permanently impair, a company’s brand image. Technology can play an invaluable role in assisting executive management to identify and address critical business situations.”
The technology needs for securities brokerages become increasingly sophisticated and complex as the capital markets mature. In its white paper, “Building a Securities Brokerage in Vietnam,” Judo Systems describes the evolution of technology needs along multiple dimensions, including growth, differentiation, risk management, and operational effectiveness.
“The current technology available to brokerages in Vietnam is inadequate to support growth as the capital markets evolve to the developing stage and eventually to the mature stage,” Mai concluded. “We have designed our flagship product to accommodate all of the current and future needs of securities brokerages in Vietnam, and we look forward to demonstrating how our solution delivers unsurpassed value.”
The “Building a Securities Brokerage in Vietnam” white paper is available at www.judosystems.com.
About Judo Systems
Judo Systems is an innovative developer of technology solutions for securities brokerages in emerging markets. Judo’s management team has applied its experience with the world’s most advanced capital markets and developed a flagship product, Judo Advanced Brokerage System, that supports the rapid growth of brokerages in Asia. Judo brings critical functionality – including workflows, transaction processing, reporting, security and risk management – so that customers may grow quickly and confidently.
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CONTACT:
Michael Tao
Judo Systems
michael.tao@judosystems.com
http://www.judosystems.com
