Fidessa group plc (LSE: FDSA) today announced that Tokai Tokyo Securities (Asia) Limited, a wholly-owned subsidiary of Tokai Tokyo Financial Holdings, Inc., has gone live in Hong Kong with its Asian trading platform as a fully outsourced service.
NISHIDA Tadahiko, Director & President of Tokai Tokyo Securities (Asia), commented: "Tokai Tokyo has been using the Fidessa system for years in Japan, with full confidence in the platform's features and reliability. As such, it was a natural move for us to extend usage in the Asia region, and rationalize our systems between countries."
Jean-Pierre Baron, Managing Director of Fidessa in Asia, added: "This expanded partnership with Tokai Tokyo demonstrates the value our clients see in our relationship. We have invested heavily in infrastructure and quality of service, placing us as the natural choice for firms wishing to rationalize systems and off-load their operations to a proven, professional vendor."
With over 25 local and international firms using the Asian trading platform in Hong Kong, Fidessa has become the primary vendor of choice in a service space which requires discipline, industry knowledge and fully resilient infrastructure. In addition to quality of service, the platform offers a wide range of features including FIX order capture, monitoring client order performance, IOIs, pairs, algorithmic trading, basket trading, internalization, pre- and post-trade risk management, trade analytics and charting.