Patsystems, the trading and risk management solutions provider to the derivatives industry, is pleased to announce that it has signed a software license agreement with Phillip Securities Japan., Ltd in Tokyo, a securities brokerage firm and wholly owned member of Phillip Capital.
Phillip Securities Japan., Ltd will utilize Patsystems' technology to facilitate their retail brokerage and execution business on the Osaka Securities Exchange (OSE). Patsystems will provide Phillip Securities Japan., Ltd with low-latency connectivity to the OSE, licenses for Patsystems' J-Trader and Pro-Mark, and a complete back-up system.
Barry White, Patsystems Regional Director of Asia Pacific, said:
"Patsystems is pleased to add Phillip Securities Japan., Ltd to our growing customer base in Tokyo. Patsystems' flexible and tailored solutions are ideal for a firm like Phillip Securities Japan., Ltd, allowing for seamless expansion into additional domestic or international markets."