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AEMS and Bursa Malaysia to Partner in IT Outsourcing JV.


LONDON London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 -- AEMS AEMS Asian Educational Media Service
AEMS Aircraft Engine Management System
AEMS Agricultural Environmental Management Services (Oklahoma)
AEMS Advanced Enclosed Mast/Sensor
AEMS Automated Energy Management System
 (Atos Euronext Euronext N.V. is a pan-European stock exchange based in Paris[1]  Market Solutions) and Bursa Malaysia The Bursa Malaysia or Malaysia Exchange, MYX previously known as Kuala Lumpur Stock Exchange (KLSE, Bursa Saham Kuala Lumpur in Malay) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in  Berhad (Bursa Malaysia) today signed a Letter Of Intent outlining plans to establish a joint venture company which will focus on offering IT solutions and services to Bursa Malaysia, as well as AEMS' existing and future prospects in Asia.

Bursa Bursa, city, Turkey
Bursa (brsä`), city (1990 pop. 838,323), capital of Bursa prov., NW Turkey.
 Malaysia's Chief Executive Officer, Dato' Yusli Mohamed Yusoff said, "We are hopeful that any further partnership with AEMS may open up possible opportunities for further regional collaboration Working together on a project. See collaborative software.  in technology-related areas."

It is intended that the proposed joint venture, which will be owned 50:50, will combine AEMS' resources and innovative technology solutions with Bursa Malaysia's expertise in IT management.

Through the proposed JV, both parties expect to create cost savings and operational synergies that would enhance their ability to service and compete in increasingly challenging global financial markets.

"Building on our successful business relationship with Bursa Malaysia, we see many other opportunities to deliver cost effective solutions for brokers, exchanges and clearing houses in the region. The combination of our global expertise and leading edge solutions, encoupled with Bursa's local presence and skilled resources, will position us to effectively service the Asian market" said Jean-Marc Bouhelier, Chief Executive Officer of AEMS.

In the event that both parties decide to proceed with the JV, the intention would be to execute the agreement by end of September 2007.

The Letter Of Intent is not intended to be legally binding.

About AEMS:

AEMS is the leading global provider of technology solutions for exchanges, clearing houses, banks, brokers, and intermediaries.

AEMS was created by two industry leaders - Atos Origin Atos Origin, SA (Euronext: ATO) is an international IT corporation which operates in 40 countries worldwide, with over 50,000 employees.

The corporate headquarters are located in Paris, France and Zaventem, Belgium.
 and Euronext - who combined their interests to focus on providing technology exclusively for financial markets. By taking the people, assets, and technology from both of these organisations and bringing them together into a single, independent company, the opportunity for real leadership in this sector was created.

As market leaders, we value the insight of our clients and as their technology requirements develop, we collaborate to find the most suitable product solutions for their needs.

We serve global markets throughout the trading process - banks, brokers, asset managers and intermediaries; exchanges; clearing houses and CSDs.

We employ 1,300 industry experts worldwide and have offices in London, Paris, Chicago, Dubai, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and Brussels.
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Publication:Business Wire
Date:Feb 15, 2007
Words:376
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