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TORA enters into partnership with Japanese asset manager

News Team, 14/01/2021

TORA Holdings, a provider of investment technology for buy-side and sell-side firms, has announced the signing of a letter of intent to begin a strategic partnership with Revolution Co a Japanese investment and asset management company.

TORA has existing relationships in the Japanese market and it is hoped this dealwill provide trading and portfolio management technology to both the investment and asset management businesses of Revolution.

TORA’s execution and order management platforms deliver analytics, pairs and basket trading, trade cost analysis, post-trade allocations, commission management and reporting tools. This coupled with their new generation PMS that encompasses a full general ledger, real time and historical P&L, time series, shadow accounting and sophisticated charting solutions makes it an end-to-end investment trading platforms for Japanese investors.

Revolution was originally founded in 1986 as a real estate company, in 2019 the company rebranded and expanded into investment and asset management services globally. Revolution’s investment activities target high-return opportunities while minimizing downside risk. The company is headquartered in Japan and aims to build long-term capital growth coupled with disciplined risk management. Both companies aim to bring new and more robust investment technology solutions and investment options to the Japanese market.

Separately, TORA can acquire a 8.35 percent stake in Revolution through a loan and call option agreement which it executed with Fruta Fruta, Inc. in November 2020.

Robert Dykes, CEO at TORA commented “We are delighted to have entered into this strategic partnership with Revolution. TORA’s advanced investment platform will help Revolution’s traders and investment advisors analyze greater sets of data to make quicker and more informed trading decisions and improve access to global markets, brokers, custodians and alternative pools of liquidity.”

Takafumi Okamoto, CEO at Revolution states “Revolution are really pleased to have TORA onboard as a strategic partner. Their local market presence and expertise will help drive Revolution forward and give us a clear advantage.”

 

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