Tokyo
08 March 2017
Reporter: Stephanie Palmer
Torstone builds on Japanese business
Torstone Technology is expanding its services in Japan, having secured a mandate to provide its Inferno collateral management solution to Natixis Japan Securities.

Natixis will use the Torstone Inferno securities and derivatives processing system to automate its collateral management processes, reducing costs and inefficiencies and aiding compliance with various Asian regulatory requirements.

Torstone has also appointed Takuro Ochiai as head of its Japan office.

Ochiai joins from Nomura Securities, where he was manager of Japan domestic wholesale operations for technology. Previously, he was director of the Daiwa Institute of Research, also based in Japan.

Additional senior staff will be transferred to the Japan office to provide local support, while Gordon Russell becomes head of the Asia Pacific region.

Russell joined Torstone from Broadridge in March 2016, taking on the role of head of sales for Asia Pacific.

Torstone CEO Brian Collings said: “Japan is a core market for us and expanding the team here will enable us to further strengthen our support for clients and their regulatory obligations across Asia.”

He added: “We are very excited to be working with Natixis Japan Securities. This partnership is testament to Torstone’s local expertise and further highlights our commitment to the Japanese market. We look forward to supporting the firm’s growth in the region by providing more streamlined back-office capabilities.”

Joerg Ziarno, COO of Natixis Japan Securities, said: “We are pleased to be working with Torstone Technology who provided us with a tailored solution to optimise our collateral management processes, giving us the flexibility to serve the needs of our clients.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Custody not a commodity
28 June 2017 | Warsaw | Reporter: Stephanie Palmer
Viewing custody and clearing as a commoditised industry could be putting pressure on pricing and threatening the industry, according to speakers at The Network Forum
BNY Mellon and Australian financial service provider One Investment Group are joining forces to offer global custody services to Australian fund managers, trustees and responsible entities
70 percent say cyber crime will lead to financial crisis
28 June 2017 | Warsaw | Reporter: Stephanie Palmer
The next financial crisis is ‘highly likely’ to be caused by cyber crime, and the only way to manage this is for the industry to come together, according to a panel session at The Network Forum in Warsaw
J.P. Morgan recruits new head of global custody
28 June 2017 | London | Reporter: Mark Dugdale
Hughes has joined the bank from Deutsche Bank, where he was head of strategic execution for global securities services
R3 completes prototype for ECP issuance
27 June 2017 | London | Reporter: Stephanie Palmer
R3 and four of its member banks have collaborated to build a solution for issuing Euro Commercial Paper on a distributed ledger technology platform
€50 billion mandate win for Caceis
27 June 2017 | Rome | Reporter: Stephanie Palmer
Caceis has been selected to provide custody, depository, fund administration and transfer agency services for Amundi SGR, the Italian subsidiary of the Amundi Group
EFAMA elects Nott as new president
26 June 2017 | London | Reporter: Stephanie Palmer
The European Fund and Asset Management Association has elected William Nott of M&G Securities to serve a two-year terms as president
More news