Tokyo, November 11, 2019 – Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that SMBC Nikko Securities Inc., one of Japan’s largest brokerages has implemented Itiviti’s high capacity low-latency market connectivity solutions for trading the Japan Stock Exchange (JPX) and regional exchanges.
By adopting Itiviti’s market connectivity solutions, SMBC Nikko Securities has centralized its in-house automated trading (algo) system and proprietary trading desk for best execution and order management. The firm also relies on Itiviti’s disaster recovery plan to ensure continuous trading operations.
Jay Beddow, General Manager, Equity Business Development Division, Equity Group, SMBC Nikko Securities Inc. commented: “Itiviti’s solutions enable SMBC Nikko Securities to effectively manage the technology underpinning our global trading business and to provide top-tier services to our global clients. Their connectivity solutions provided the reach, speed and performance we asked for. We also value that Itiviti's modular technology is highly scalable, so that we can add new execution modules as needed to support our expanding trading operations.”
Ofir Gefen, SVP, Head of APAC, Itiviti commented: “Our partnership with SMBC Nikko Securities illustrates Itiviti’s capabilities to equip customers with solutions that help scale their businesses. Working closely with SMBS Nikko Securities, our team successfully implemented a connectivity solution for one of the fastest markets in Asia, and assisted the firm in delivering an automated execution platform to some of their most demanding clients. I’m looking forward to our continued partnership with SMBC Nikko Securities.”
Itiviti is exhibiting at the Singapore FIX Conference on 12 November at the Sands Expo and Convention Centre, showcasing its buy-side and sell-side solutions.