FNX takes Aspen Hedge to Japan
The internet-delivered system is an application service provider (ASP) that supports forex, equities, exotic options, fixed income and derivatives for deal capture, profit & loss reporting, analytics and risk management.
Naoyoshi Shitara, executive director of sales for FNX in Tokyo, said more clients in Japan are now looking to increase their investment performance by controlling market risk or cross-product trading.
ASP delivery is particularly suitable for them because it is much lower cost
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