Tokyo-based Daiwa will utilize the platform to support order flow across its Asian operations including Hong Kong, Singapore and Taiwan.

Fidessa said that Daiwa is now trading the Korean markets through its localised trading platform.

Specific local functionality includes basket/program trading, order management, integration with the Korean Stock Exchange through Koscom.

Daiwa Asia managing director information technology of Oceania John Zendano said that regulators are driving change in the Korean trading and investment markets.

"Fidessa has proven its ability to support us through periods of sustained change and complexity in other parts of the globe and therefore, partnering with them in Korea, and indeed across the rest of Asia was, for us, the only option," Zendano said.