24 October 2016
Visit www.dh.com

Nissan Century Securities chooses Dimension Data for network infrastructure

22 August 2012  |  1111 views  |  0 Source: Dimension Data

Nissan Century Securities (NCS) has chosen Dimension Data to design and build a new network infrastructure to support its rapidly expanding online trading business.

NCS is the only Japanese brokerage firm to offers its clients access to four major Japanese exchanges - Tokyo Securities Exchange (TSE), Osaka Securities Exchange (OSE), Tokyo Commodity Exchange (TOCOM), and Tokyo Grain Exchange (TGE) as a clearing member/participant. 

The new network will enable faster execution and order processing speed that can handle a higher volume of trades on the TSE, OSE and TOCOM.

Recognising the importance of network efficiency, NCS made a decision to upgrade its systems to enable them to capture new revenue opportunities, in particular with the buy-side investors, by embracing technologies such as algorithmic trading, complex event processing (CEP) and smart order routing (SOR).

"Japan's financial sector is undergoing a major electronic trading revolution," said Tomoaki Hirao, Director Head of System Solutions and Deputy Head of Global Markets, Nissan Century Securities. "For us to effectively compete in new systems such as high-frequency trading, we would require sophisticated IT tools that would allow us to trade at speeds and volumes previously not possible. Upgrading our network was a natural progression. The challenge was identifying the right solution and partnering with the right provider to make the migration into the new technology seamless and smooth for ourselves and our customers."

The new network infrastructure comprises the Arista 7148S high-performance, Layer 2/3/4 10 Gigabit Ethernet switch. This ultra low latency switch forwards data packets in less than 900 nanoseconds, providing a clear advantage in the time-sensitive world of financial trading. Network connectivity will be facilitated by the Cisco Catalyst 2960, another fast Ethernet switch that offers a highly-secure, easily manageable switching solution. In addition to architecture and implementation, Dimension Data has also been commissioned to manage the new infrastructure for an initial period of two years.

"FFrom the earliest stages of the planning process, Dimension Data made a point of getting to know our business, and our objectives for this project.

We are very satisfied with their professionalism in implementing the project, and we're confident that we have the service level agreements in place that we need to keep our platform running smoothly 24/7," said Hirao.

NCS expects more buy-side customers to start using their system and a very rapid increase in trading liquidity. The enhanced network infrastructure is expected to support the anticipated new business with room for new applications in the future.

"I believe that, through flawless execution of this project and provision of reliable maintenance and management services for the new infrastructure, we can add Nissan Century Securities to the list of our satisfied clients in Japan." said Hirokazu Mochizuki, General Manager, Dimension Data Japan. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Find out moreFind out more

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
36732 views comments | 127 tweets | 237 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8579 views comments | 26 tweets | 19 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7156 views comments | 29 tweets | 22 linkedin
hands typing furiouslyGoodbye, Santander! The end of a banking l...
6843 views 11 | 5 tweets | 1 linkedin
Indian banks hit by massive ATM breachIndian banks hit by massive ATM breach
6834 views comments | 16 tweets | 25 linkedin

Featured job

Senior Level Salary plus Car Allowance + Benefits...

Find your next job