On October 8, State Street’s President and COO, Ronald O’Hanley, CEO in Asia Pacific, Huaiguang Shi, Executive Vice President and CTO, Jerry Cristoforo, and Senior Vice President, Babloo Sarin, as well as Fidelity International ‘s Technology Director in Europe, Stuart Warner, and Technology Director in Asia Pacific, Richard Paddock, came to Hangzhou to meet with Xiaohu Yang, Deputy Director of Institute of Software Engineering, Zhejiang University and Bo Zhou, CEO of Hengtian. They had talks on topics of common interest, including the latest research and application of blockchain and financial technology innovation.

During the meeting, Xiaohu Yang, Deputy Director of Institute of Software Engineering, Zhejiang University, shared the history and model of State Street and Zhejiang University’s industry-university-research cooperation since they established the joint Technology Center in 2001. Then Bo Zhou, CEO of Hengtian, introduced Insigma and Hengtian’s milestones, lines of business and unique cooperation model with Zhejiang University, and also highlighted Hengtian’s achievements in financial market, AI and blockchain.

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Figure 1: Mr. Bo Zhou, CEO of Hengtian (second from the left in the front) introducing the company

The guests fully recognized the unique industry-university-research cooperation model of Hengtian and Zhejiang University. They paid great attention to the blockchain technology research, accumulation and application of Zhejiang University and Hengtian, showed deep interest in Capirobo—a product providing in-depth financial data with AI technology, and spoke highly of Hengtian’s services and innovative capability.

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Figure 2: Photo at the meeting

State Street is the world's largest custodian bank with significant influence in global financial area, and is one of Hengtian's largest partners. As the fruit of the strategic alliance of State Street, Insigma and Zhejiang University, Hengtian has maintained close and friendly cooperation with State Street since its establishment in 2004. Fidelity International is one of the world's largest investment management companies focused on mutual fund management. It has more than 700 funds of stock, fixed income, real estate and asset allocation, with its researches covering over 95% of the world's largest listed companies. This high-level joint visit has further strengthened the relationship with Hengtian and laid a solid foundation for Hengtian to keep exploring the global market in the future.

About Insigma Hengtian Software Ltd.

Hengtian is a technology services company in Hangzhou, China, created in 2004 as an alliance among State Street Corporation, Insigma Technology (a Global Outsourcing 100 Company) and Zhejiang University. We provide offshore and onshore technology development, research and consulting services.Hengtian has been certified for compliance with ISO270001 and CMMI level 5.

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