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Hong Kong tech firm eyes global investors

Teresa Leung (Computerworld HK) | Nov. 1, 2013
Hong Kong-based tech startup Phinary Systems has created a tool that helps individuals and organizations make capital allocation decisions.

CWHK: How do you differentiate from your competitors?
PY: Our direct competitors predominately provide passive portfolio level tools—portfolio risk exposure reporting—to their customers, as their focus is to provide advice on individual investment in stocks, currencies, or mutual funds.

Our approach is different—We provides clients with active portfolio level tools that helps make capital allocation decisions and allows users to back-test and replicate the dynamic capital allocation process periodically as the market changes.

CWHK: What are your future plans?
PY: Our plans for the next 24 months include: securing VC investments of US$5 million for business expansion, developing native apps for mobile devices though users can now access our tools via such devices, and expanding our end-user population to 10,000 globally.

 

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