As a continued expansion of its Tokyo office, global software-as-a-service (SaaS) platform Torstone Technology has announced the hire of Yasuaki Hayashi as senior Japan representative.
Hayashi brings more than 30 years of experience in the brokerage and investment banking industry to the role. He will utilise his expertise in establishing and growing businesses in Japan to aid the firm’s expansion in the region.
He joins Torstone from Interactive Brokers, where he was head of Japan and helped to set-up the firm’s Japanese business in 2008.
Prior to this, Hayashi was operations director at Liquidnet, where he set up the firm’s Japanese business.
Brian Collings, CEO of Torstone Technology, comments: “We are delighted to announce the appointment of Hayashi-san as head of Japan to support our growth in the region. His experience in the Japanese market will help to strengthen our presence and expand our offering in the Japan market.
“There is significant growth opportunity in supporting regional and international firms deploying cutting edge post-trade technology in a highly specialist market in order to reduce costs, secure greater operational control, minimise risk and support their product offering.”
Gordon Russell, head of Asia at Torstone Technology, adds: “We are seeing APAC clients increasingly looking to bring their yen and non-yen business together, while consolidating operational workflow and systems.
“Hayashi-san’s experience in the Japanese market will help clients to achieve this by transitioning them to a new, more cost-effective operating model, giving them greater flexibility in the front office and driving greater operational and regulatory efficiency.”
Speaking on his appointment Hayashi says: “Many Japanese institutions need modern post-trade solutions that generate efficiencies and allow them to respond to a changing customer and regulatory landscape. I join Torstone to help Japanese firms move away from legacy systems and future-proof their operations.”
