KVH Co., Ltd. (headquartered in Minato-ku, Tokyo, President & CEO: Miyuki Suzuki, hereinafter referred to as“KVH”) will expand its Facilitator Services to institutional investors without a presence in Japan as part of its Proximity Solutions for supporting electronic trading applications in the financial and securities industry. As part of this expansion of services, which will commence in October of this year, KVH will extend remote hands services to support customer trading systems at exchange collocation sites, in addition to systems hosted at KVH’s own data center facilities.
KVH’s premium remote hands offering includes a wide range of services ranging from purchasing, implementing, and project management of system delivery. In addition to day-to-day monitoring and operation of the infrastructure, KVH will provide on-site support such as hardware and configuration change management. This service enables overseas customers to outsource non-core activities such as systems implementation and management, allowing them to focus on their business.
Launched last year, KVH Proximity Solutions has seen high demand from the financial services community, especially from firms without a physical Japanese presence. KVH has signed up more than ten new customers for its Proximity Solutions including major investment banks, hedge funds, and market data vendors. KVH Facilitator Services are also being provided to Tokyo Stock Exchange and Osaka Securities Exchange customers, who value these services highly as a unique solution combining flexibility, technical coordination skills, and 24 x 7 bilingual support services.
Mr. Yoshitaka Ishiwata, Vice President and COO of KVH noted, “When customers enter the Japanese trading market for the first time, they require logistical and administrative facilitation with the exchanges to set up their trading systems. With the addition of the premium remote hands service, KVH Facilitator Services become the only solution in Japan to meet the significant, diverse needs of offshore financial players aiming to trade in the Japanese markets. Focusing on trading community needs, KVH continues to improve its service quality and capability as a market leader, striving to minimize both the hurdles and cost to trade in Japan.”
KVH will be participating in the FIA Futures & Options Expo in October in Chicago to introduce the latest KVH Proximity Solutions.