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Signing Ceremony For Cooperation Memorandum On System Tests In Fund Industry Held At Dalian Commodity Exchange

Date 13/06/2016

On June 3, the Asset Management Association of China (AMAC), the Industry Test Center of Dalian Commodity Exchange (the Test Center for short) and the Hundsun Technologies Inc. jointly signed the “Memorandum of Cooperation on the Unified Tests for the Core Systems in the Fund Industry” at Dalian Commodity Exchange (DCE). AMAC president Hong Lei said that on the basis of the intention in the industry, the AMAC will coordinate and organize the qualified member units to conduct the software tests jointly with the software developers by making full use of the high-level software testing resources of the core organizations in the system of China Securities Regulatory Commission (CSRC), and it is an innovative cooperation model. DCE chairman Li Zhengqiang said that the cooperation will meet the common demand of the fund companies for the tests of the public products in the industry, give full play to the advantage of the Test Center in specialization, integrate the resources in the industry, reduce the test costs and improve the testing efficiency. In the future the cooperation will be recognized in the industry and the market. 
 
Set up in 2009, the Test Center is a specialized testing organization striving to become a leading one in the domestic securities and futures industry and financial sector. In April 2015, approved by CSRC, it officially became the first test center for the information technology in the securities and futures industry. Since the inauguration, the center has provided quality testing services for a large number of organizations in the securities and futures industry.