Source: Transaction Network Services (TNS)
Transaction Network Services (TNS) is stepping up its targeting of Japan's securities market with the appointment of Ricky DeBritto as sales manager at its financial markets office in Tokyo.
Mr DeBritto, 47, will be responsible for raising brand awareness and developing relationships with potential and existing customers. He will play an active role in extending the company's dedicated financial sector technology - the Secure Trading Extranet.
Tokyo-born Mr DeBritto said: "I'm delighted to be joining TNS at this exciting time. TNS' extensive global financial community of interest offers real value to Japan's market participants, as they increasingly switch over to electronic trading from more traditional methods.
"As the volume of trade inevitably rises, there will be a huge impact on demand for low-latency FIX connectivity, and TNS is undoubtedly one of the leading providers."
With 13 years financial sector experience, Mr DeBritto joins TNS from Toyko-based Reuters Japan, where he was sales manager. He has also previously worked for fellow city firms Knight-Ridder Financial, Kyodo-Tsushi Dow Jones, Bridge Information Systems and Quick Moneyline Telerate.
He said: "My experience working for information service providers has given me a valuable insight and understanding of the benefits of fast, secure and reliable connectivity. My aim is to build on TNS' great track record in the region and firmly establish us as Japan's preferred connectivity provider."
Mr DeBritto has a degree in business administration, majoring in finance and marketing, from California State University, Fresno.
Welcoming the new recruit, Alex Walker, vice-president of TNS Financial Markets, said: "We're pleased Ricky has chosen to join TNS. He brings with him substantial sales experience and sector knowledge, which will benefit our aggressive expansion plans in the region.
"Online trading has become very popular in Japan over the past year and connectivity networks, such as the Secure Trading Extranet, offer extensive benefits. These systems have been designed specifically to accommodate large transaction volumes quickly and easily, in a secure and fully managed format."
Mr DeBritto is married to Hiromi and has one grown up daughter, Nina. He enjoys water sports and golf, and jogs five miles every morning to get ready for the day.