CLSA is revamping its global trading system with the Enterprise Message Service platform from Tibco Software. The brokerage said global trading volumes had risen 40 per cent in recent years, leading to a fivefold increase in the amount of messages handled by its traders. The Tibco implementation is designed to support new automated trading methods. Bien Perez

Harvest Fund adopts Avaya communications systems

Harvest Fund Management is adopting the unified communications and call centre systems from US-based Avaya for an undisclosed sum to improve its services. Avaya will provide 400 desk phones, 100 remote internet protocol phones, a multimedia conferencing system and new communications applications. Bien Perez

China TransInfo enters into technology tie-up with Oracle

China TransInfo Technology Corp, a supplier of Geographic Information System technology in the mainland, has formed a partnership Oracle to work within the country's transport sector. Oracle will provide China TransInfo with all its products at discounted prices and technical support. Both companies have also agreed to share market and client resources in the mainland. Bien Perez

Nation's offshore software outsourcing market grows 27.2pc

The mainland's offshore software outsourcing market grew 27.2 per cent year on year to 3.4 billion yuan in the second quarter this year, the latest estimates from Analysys International show. It named Neusoft Group, hiSoft Technology International and Insigma Technology as the top three offshore software outsourcing providers for the period. Japan accounted for 52 per cent of the market share. Bien Perez