Press Release
Bookmark and Share PDF Print Close
WALL STREET SYSTEMS SIGNS PARTNER AGREEMENT WITH SCS JAPAN

Tokyo, 5 September 2008

Tokyo, 5th September 2008: Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today announced that it has signed a partnership agreement with SCS, a leading Japanese company specializing in the financial market. The agreement will enable Wallstreet to better support its Japanese clients in their own country, and to bring its solutions to the wider Japanese market. Under the new agreement, SCS has been appointed as an authorized distributor of Wallstreet Suite, Wallstreet FX and Wallstreet BackOffice solutions, and as implementation services provider for the Japanese market.

As Japanese businesses come under pressure to conform with J-SOX legislation, they are looking to implement proven solutions that will enable compliance. The partnership agreement will give companies easier access to Wallstreet’s acknowledged global expertise in Sarbanes-Oxley compliant treasury solutions. Japanese financial institutions will benefit from Wallstreet’s leadership in FX and back office processing.

SCS has been working in Japan since 1969 to bring innovative, end-to-end solutions to treasuries and the financial sector. Working with clients like Japanese mega banks, SCS has demonstrated its expertise and local knowledge.

Hiroaki Kamata, Director, Executive Vice President at SCS said: “SCS is working with over 100 Japanese banks and corporates in the area of treasury, FX and back office processing. We’re excited to partner with Wallstreet so that we can further extend our offerings to the Japanese market and serve our clients even better.”

Gavin Style, managing director of sales and client services at Wallstreet, said: “This agreement is a sign of our strong commitment to growing our business in the Japan market. We already have good relationships with many Japanese organizations across the world and we are delighted that we can now support them even better in their home markets, by partnering with such a strong local player.”

About SCS

Sumisho Computer Systems Corporation (SCS), founded in 1969, offers a wide range of system integration services to companies not only in Japan but worldwide. SCS aims to be in the first tier in the IT services industry, focusing on three strategic business domains: the industry-specific application business, which utilizes expert knowledge in each industry to customize system architecture to client needs; the ERP solutions business, which includes proprietary packaged software; and the platform solution business, which concentrates on IT architecture services for the creation of IT systems. SCS will provide your company with a service of trust and quality.

Michael Golding
Wall Street Systems
Global PR and AR Manager
T: +44(0)20 3170 3000
E: Michael Golding

Natalie Shamshoum
Metia for Wall Street Systems
T: +44 (0)20 3100 3655
natalie.shamshoum@metia.com