Anvil Software Ltd, the financial software specialists, is delighted to announce that ING Baring Securities Japan Limited and ING Bank NV Tokyo Branch have both gone live in Tokyo with ARTS, the Anvil Repo Trading System. ING Japan has selected ARTS as their repo trading system and other centers are currently evaluating the system.
Terry Webber, Head of Short End Trading Capital Markets in Tokyo said, "In my opinion ARTS is a truly global real-time trading system for repo and securities finance, which is why we chose it. We wanted ARTS on the trading desk as quickly as possible and the Anvil team worked extremely hard to give us an early go-live. "
Malcolm Clark, Director and Strategist at Anvil, commented: "We're very pleased that ING’s Japanese entities have taken ARTS. ARTS keeps going from strength to strength. We have 5 new customers this year so far and the new Securities Finance Module is attracting a lot of interest."