Fidessa Group (LSE: FDSA), a provider of software and services to clients in the financial services sector, today announced that Tokai Tokyo Securities (Asia) Limited has gone live in Hong Kong with its Asian trading platform as a fully outsourced service aimed at extending its usage in the region. Last month, Finance Magnates reported that Fidessa Group had also partnered with Hong Kong’s Huatai Financial Holdings as part of its plans to expand its execution capabilities.
Nishida Tadahiko, Director and President of Tokai Tokyo Securities, commented: “Tokai Tokyo has been using the Fidessa system for years in Japan, with full confidence in the platform’s features and reliability. As such, it was a natural move for us to extend usage in the Asia region, and rationalize our systems between countries.”
ACY Securities Supports ASIC’s Product Intervention OrderGo to article >>
Jean-Pierre Baron, Managing Director of Fidessa in Asia, added: “This expanded partnership with Tokai Tokyo demonstrates the value our clients see in our relationship. We have invested heavily in infrastructure and quality of service, placing us as the natural choice for firms wishing to rationalize systems and off-load their operations to a proven, professional vendor.”
Fidessa is a specialised vendor in a service space providing companies with its multi-asset trading and investment infrastructure, data and analysis, and workflow technology. Its platform offers a wide range of features including FIX order capture, monitoring client order performance, IOIs, pairs, algorithmic trading, basket trading, internalization, pre and post-trade risk management, trade analytics and charting.