Asahi Pretec Holdings is a precious metals recycling company based in Japan. SmartTrade Technologies, which is a global leader in multi-asset, end-to-end trading solutions, was chosen by Asahi as its precious metals trading platform. The partner on the project is the Japanese system integrator, NTTData.
Asahi Pretec actually collects and recycles a variety of waste materials that contain precious and metals. With their recycling of such precious metals, the company is working towards resources utilization.
According to press, Asahi was searching for a reliable, efficient solution so as to provide better experience for clients and expansion of their business. What the smartTrade platform will do is ensure connectivity to markets, distribution, pricing, as well as management post-trade.
The President of Asahi, Mr. Hiroyuki Nakanishi, commented:
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.
The CEO of smartTrade, Mr. David Vincent also said:
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