CFH Systems has expanded its operations, opening a new office in Tokyo to help fuel its aggressive growth plans for the Asian region. The head of the Tokyo office will be announced in February.
CFH Group recently made headlines with its 50% purchase of Tradimo Interactive. In addition, the past few months have seen a further relocation of CFH Clearing to London’s Equinix Center, one of the global nexuses for data and matching.
The decision to launch a new Tokyo base of operations for CFH Systems represents an awareness of the lucrative nature of the financial industry there, as illustrated in the recently strong performance of GMO Click and DMM volumes.
Last February, CFH Systems opened an office in Hong Kong, a move that has been integral to the success and growth of the group in the region. This includes an outperformance of targets and a doubling of business over a six-month interval, culminating in a fortified list of clients across both banks and brokers.
The two offices will be working in tandem, with both Hong Kong and Tokyo focusing on the sales and support of CFH’s ClearVision. The company foresees aggressive expansion and forecasts a 50% year-over-year growth in the region, driven by large sales increases.
According to Jason Huang, managing director of CFH Asia, in a recent statement on the office opening, “The combination of our advanced, robust technology and high quality local support seems to be a winning formula in the region.
Clients appreciate the flexibility we offer – for example, ClearVision can connect to multiple front end platforms and clients can select to use the full ClearVision suite or individual tools such as our Clear Risk Dashboard, which enables them to monitor real-time client and hedge exposure from a single dashboard.”
“We have seen a surge in interest in our advanced Risk Management tools since the CHF crisis and there is strong demand in the region for our offering. As we extend our presence across Asia with our new Tokyo office, I am confident that we will continue to help an increasing number of clients to operate more efficiently,” added Mr. Huang.
