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Asahi chooses smartTrade for precious metals trading platform

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Asahi Pretec, a precious metals recycling company, has selected smartTrade Technologies, a specialist in multi-asset, end-to-end trading solutions, as technology provider to deliver Asahi’s precious metals trading platform, with NTTData, a major Japanese system integrator, as a partner.

smartTrade will provide connectivity to the markets, pricing and distribution as well as risk and post-trade management. 

Hiroyuki Nakanishi, President of Asahi Pretec, says: “We had an immediate need for a flexible technology platform to price and distribute our precious metal prices to support Asahi’s global expansion. 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.”

David Vincent, smartTrade’s CEO, says: “We are thrilled to have the opportunity to implement smartTrade’s technology at Asahi. smartTrade’s sophisticated hosted solution will provide low latency connectivity, highly flexible and customisable pricing and distribution, which in turn will enhance Asahi’s offering.”

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