Case Study: Shanghai Pudong Development Bank achieves Hong Kong treasury expansion and real-time risk management with Finastra's Fusion Summit

Shanghai Pudong Development Bank develops cutting-edge treasury services in Hong Kong

Shanghai Pudong Development Bank (SPD Bank) wanted to grow its Hong Kong treasury business by offering a broader range of asset classes, improving Straight Through Processing (STP), and strengthening operational efficiency and risk management to win new commercial customers. To support this strategic transformation, the bank selected Finastra and its Fusion Summit solution (with support from the Fusion Adopt program) to replace its legacy treasury systems.

Finastra implemented Fusion Summit as a front-to-back treasury platform, enabling SPD Bank to migrate over 2,000 transactions and transition all interfaces, develop new instruments (repos, callable/puttable bonds, bond forwards, interest rate derivatives), and gain ultra-granular real-time reporting and risk management. The deployment boosted STP responsiveness, increased trade processing capacity and speed, and positioned the bank for growth across Asia; the remote delivery approach with Finastra also cut travel-related CO2 by 25% (from 5.66 to 4.33 tons, saving 1.33 tons).

Shanghai Pudong Development Bank

Zhang Hairong

Senior Technical Director of Development and Information Technology