"Daiwa Securities Gas signed Netik because of our need to increase operational efficiency and enable the rapid scaling of our business. We wanted to reduce our dependency on internally built systems and implement a standard platform that would deliver consistent consolidated reporting. Netik InterView was selected to replace our internal data management tools and an in-house built data warehouse for client reporting. The implementation of Netik InterView is part of an on-going process of upgrading Daiwa's technology infrastructure to meet the increasing and ever demanding needs of Daiwa's hedge fund clients," commented Brian Guyett, Chief Operating Officer at Daiwa Securities Gas.

"We had previously developed separate internal data management and reporting capabilities, these systems supported the huge business growth achieved by the company to this point but would not be suitable to support our projected business growth. We reviewed the market and quickly established that Netik InterView's wide asset class coverage, combined with Netik's proven implementation methodology made the selection process straight forward," commented Kevin Magee, Chief Technology Officer at Daiwa Securities Gas. "We are very pleased with the results. We have contained and isolated our legacy components and integrated our key processing systems. In addition, we have been able to build a more robust automated reconciliation process between multiple prime brokers and our fund accounting system. The platform now gives us the opportunity to provide market leading reporting to our clients using Netik's flexible portal technology, which is our current area of focus."

Colin Close, Chief Information Officer at Netik commented, "We were delighted to welcome Daiwa to the Netik 'family'. It is good to see that Daiwa are using Netik InterView to enhance their existing processes using our data management technology. They also collect data for client reporting as part of the on-going daily processes rather than after the event. We are also pleased that Daiwa have become largely self sufficient in rolling out their new found functionality using a small team of their own resources, rather than relying on an army of consultants. This highlights Netik's on-going commitment to demystify and simplify data management and reporting projects to enable our clients to deliver real business value and return on their investment."