Patsystems is pleased to announce that Sankyo Securities, a member of the Osaka Securities Exchange (OSE), has signed an agreement for Patsystems fully-managed Application Service Provider (ASP) offering, Patsystems XConnect, in Tokyo.
As a member of the OSE, Sankyo Securities' brokerage team will use Patsystems' front-end trading platform, J-Trader, to execute orders on behalf of their retail client base. Sankyo Securities will also have the option of using Patsystems' front-end trading platform, Pro-Mark, which offers advanced broker functionality such as order passing to multiple brokers.
Sankyo Securities will also leverage Patsystems' multicurrency back office tool, J-Vision, which provides straight-through-processing of orders and fills with reports, fully compliant with Japanese reporting regulations.
Patsystems XConnect in Tokyo runs on scalable architecture, which allows clients such as Sankyo Securities to expand their operations without additional infrastructure cost.
Barry White, Patsystems Regional Director of Asia Pacific, said:
"We are extremely pleased to see Sankyo Securities sign onto Patsystems XConnect hub in Tokyo. Patsystems' technology is ideal for Sankyo Securities as we offer broker-specific functionality on the front-end combined with our versatile J-Vision solution on the back-end, ensuring the smooth process of transactions from broker to back office"