Asset Control, provider of financial data management solutions and services, today announces the opening of its new office in Japan's financial district and appointment of Hidet Kobayashi as Country Manager.
The move further supports local delivery of Asset Control's solutions ensuring the country's trading and investment firms have access to both international as well as domestic data and business practices.
Kobayashi has extensive experience in the Japanese and International financial services markets and joins Asset Control from a major capital market solutions provider where he was responsible for business development and project delivery. He has also served at many international organizations including Thomson Reuters.
"Japan is at a turning point in its financial markets infrastructure," said John Mitchell, Vice President of Global Sales, Asset Control. "Market participants have become much more global in their outlook, and whether it's the Japanese FSA's interpretation of the Basel III accord or banks looking increasingly for international trading strategies, a more complex operating environment is inevitable. The changes are having an explosive effect on the amount of data market participants need to consume and consequently, firms must turn their attention to the frameworks supporting their data management and data governance processes."
Mitchell continues: "In every region that we serve, our strategy is to deliver our global data management expertise through local channels. Japan undertakes business based on commitment and trust and the first step to investing in Japan is through people, infrastructure and partners."