Asset Control goes for Japan 07 June 2012Tokyo Reporter: Georgina Lavers
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Solutions provider Asset Control is looking to expand its Japanese presence, both by opening a new office in Tokyo, and appointing of Hidet Kobayashi as country manager.
“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.”
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