Hong Kong multi-issuer platform Contineo has onboarded a HK heavy weight, its first new client since it launched on the cloud in late 2020.
Contineo has announced the onboarding of the Bank of East Asia (BEA) as a new client of the new cloud-based platform released on October 2020. The Hong Kong bank was the third biggest issuer in Hong Kong SAR in 2020 with a 4.95% market share across 625 products worth an estimated US$6 billion, and the fifth manufacturer in China with a 5.5% market share across 289 products worth US$4 billion. The bank has over 180 live products in Hong Kong SAR including not flow and leverage, and 107 live st
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