China Everbright Bank, China's first nationwide joint-stock commercial bank with the state as a controlling shareholder and equity investment from international financial institutions, is set to install advanced trading and compliance software solutions in its treasury and capital business unit.

Software provider Misys is providing its Misys Summit FT and Eagleye technology and will be supporting the Chinese bank in its efforts to boost trading risk management. In response to growing market demands set by higher volumes of trades and increasingly complex compliance regulations, China Everbright is replacing existing software systems with new solutions to handle multi-asset class instruments across its front, middle and back office integrated operations.

Misys Summit FT is Misys' treasury and capital markets solution offering cross-asset trading, risk and STP for vanilla to complex structured trades. China Everbright will focus on implementing the interest rate, credit, equity and foreign exchange modules. The bank is also taking Eagleye, a powerful and flexible platform offering an integrated trading and risk monitoring service delivering an environment of protection. The system will provide China Everbright with an ability to monitor adherence to mandates, regulations, policies or any restriction, and as such helps to reduce credit, market, and operational risk.