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天阳科技(300872.SZ):拟购买SSC公司旗下Algorithmics软件独家永久授权并研发天阳科技信创版本

Tansun Technology (300872.SZ): plans to purchase the exclusive permanent license for Algorithmics Software under SSC and develop Tansun Technology's version for Xinchuang.

Gelonghui Finance ·  Dec 18 05:51

On December 18, Gelonghui reported that Tansun Technology (300872.SZ) announced that, in accordance with the needs of the company's strategic development, Tansun Technology signed a Software License and Development Agreement (referred to as "Agreement 1") with SS&C and the parent company of SS&C on December 17, 2024. The company purchased an exclusive permanent licensing rights for SS&C's Algo market risk software and source code in mainland China, while SS&C will assist the company in developing a version of Tansun Technology that is based on the Algo market risk software and meets domestic innovation conditions. The company will hold the intellectual property rights for this version and can sell it to end customers in mainland China. The total amount for "Agreement 1" is 14 million USD, to be paid according to the scheduled time points agreed upon in the contract. The company also signed a strategic cooperation agreement (referred to as "Agreement 2") with the parent company of SS&C and SS&C China, appointing the company as the exclusive distributor and exclusive service provider for the complete line of Algo software products and services in mainland China, as well as the preferred cooperation partner for implementation services in the expanded region (including Hong Kong, Macau, and countries in Southeast Asia such as Singapore and Malaysia), and will invest 2 million USD of its own funds to purchase customized support services. Based on the two agreements, SS&C will provide the company with five years of customized support services for the Algo software and the Tansun Technology domestic innovation version software, including continuous development, source code updates, bug fixes, product improvements, and more. The total transaction amount is 16 million USD.

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