Tokyo's Intersoftkk to distribute RTS products in Japan
12 July 2007 | 1680 views | 0
Source: RTS Realtime Systems
RTS Realtime Systems Group (RTS) and Tokyo-based Intersoftkk today announced that they have entered into a distribution agreement to sell and support the entire portfolio of RTS' professional trading solutions to the Japanese market.
Intersoftkk is a Multinational Software Development and IT Outsourcing Services Company that has been very successful in the Japanese and Singaporean financial industry. The company provides in-depth IT consulting services in the financial and wireless domain and has a set of successful products tailored to the needs of banks and brokers.
"RTS is pleased to welcome Intersoftkk as our Certified Partner," said John Dempsey, Business Development Manager at RTS responsible for worldwide partnerships. "RTS has 15 years of experience providing customers with high-performance market connectivity and our proven trading solutions. Intersoftkk has developed a strong presence in Asia, particularly in Japan, and it has the knowledge and experience needed to succeed in the Japanese markets. The combination of RTS and Intersoftkk is a powerful one for both our worldwide customer base and local Japanese market participants, especially with our wide-ranging connectivity to international exchanges."
"Algorithmic trading often provides the edge that hedge funds and investment banks around the world are using to fundamentally change the way they trade, lowering their risk and thereby increasing profitability," said David Rakhit, CEO of Intersoftkk. "Japan and other Asian Pacific countries have only recently started trading using algorithmic trading platforms, but we expect that number to dramatically increase in the coming months."