KUALA LUMPUR: Asahi Pretec, a precious metal recycling company has selected smartTrade Technologies as technology provider to deliver its next generation precious metal trading platform, with NTT Data as a partner.
Under the initiative, smartTrade, a global leader in multi-asset, end-to-end trading solutions will provide connectivity to the markets, pricing and distribution as well as risk and post-trade management.
“smartTrade’s sophisticated hosted solution will provide low latency connectivity, high flexibility and customisable pricing and distribution, which in turn will enhance Asahi’s offering,” said smartTrade chief executive officer, David Vincent.
Asahi Pretec was searching for a solution that would allow the company to expand its operations and be flexible enough to accommodate existing and future businesses as well as regulatory
requirements.
“Not only does smartTrade’s high quality proven technology comprehensively address our specific business needs, it also ensures a fast and quick time to market,” said Asahi Pretec president, Hiroyuki Nakanishi.- Bernama