Religare Technova subsidiary, Religare Technova Global Solutions Pvt. Ltd (RTGS) which offers enterprise IT software solutions to financial markets across the world, claims a new order from Vietnam Post and Telecommunications Group (VNPT) to implement RTGS’ Trading and Settlement solutions for Bao Viet Securities (BVSC) with VNPT acting as advisor for the implementation.

“Our strategic partnership with RTGS will bring BVSC to the highest level of competitiveness, allowing us to provide unique services to our clients whilst streamlining processes and procedures already in place. We’re very excited about using solutions that have been built from a global perspective as it ensures we remain the leader in the Vietnamese securities industry,” says Mr. Nguyen Quang Vinh, CEO of BVSC.

BVSC is upgrading to a new system as it feels that the existing system will not be able to support and keep up with their rate of expansion. RTGS says that BVSC chose its solutions on grounds of the customised nature of the solutions for the Vietnamese market and configurability of the solution to ensure that it can support new initiatives of the firm.

RTGS will use its TradeAnywhere and NOVA solutions for the project.

“We’re delighted that BVSC has joined our growing client base in Vietnam and across the globe.  RTGS is fully committed to the Vietnam market, with offices in Hanoi and Ho Chi Minh and we look forward to working with BVSC,” says Colin Camp, Managing Director – Asia and Europe, Religare Technova Global Solutions.