Japan’s Okasan cuts tech deal with Vietnamese brokerage

January 21, 2014 | 14:57
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Tokyo-based Okasan Information Systems has signed a contract with Mekong Housing Bank Securities (MHBS) to provide the Vietnamese brokerage with a software and management system.

The system is called VGaia, a local version of the Gaia used in a number of Asian markets including Japan, Hong Kong and Shanghai. Vietnamese information technology firm Goline was responsible for adapting the system.

MHBS and Okasan did not disclose the value of the contract but the latter did say they want to build a long-term partnership to jointly develop financial services.

Okasan Information Systems is in charge of system development for the Okasan Securities Group, its parent corporation. 

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