IHS Markit Signs Joint Software Development Agreement for Chinese Market

IHS Markit announced it signed a memorandum of collaboration (MoC) with Hundsun Technologies, a supplier of financial software and network services in China, to explore joint development of book-building solutions for bond syndication in mainland China. Hundsun and IHS Markit will work together with the goal of improving the experience for banks, issuers, and investors throughout the bond issuance process, by connecting all participants via solutions optimized for the needs of the Chinese market. Hundsun provides a range of technologies to institutional capital markets, supporting brokerage and trading, middle and back office and trustee operations. Hundsun’s customers include 17 of the top 20 Chinese banks as well as public funds, futures companies, exchange, and private equity firms.