Market data Reference data Enterprise data management Data infrastructures Algorithmic trading Exchanges and PTSs

FREE attendance for qualified delegates from financial institutions Market data Reference data Enterprise data management Data infrastructures Algorithmic trading Exchanges and PTSs Tokyo, September 14 Bringing together market data, reference data and data management executives from leading financial institutions in Japan to examine solutions to the urgent challenges facing their businesses Hear from our leading speaker faculty: Keynote address: Kotaro Yamazawa, Senior Executive Director, Project Owner J-Gate, OSAKA SECURITIES EXCHANGE Plus: Join us at our drinks reception directly after the day s closing remarks Simultaneous translation Japanese / English Kenji Koshigoe, Senior Vice President, Market Data Services, CITIGROUP Miguel Ortega, Market Data Manager, DEUTSCHE SECURITIES JAPAN John Sproat, Executive Director, Enterprise Data, MORGAN STANLEY JAPAN And many more see programme for details Takashi Hiratsuka, Trading Group Group Leader, Asset Management Division, RESONA BANK Olivier Rose, Head, Projects & International Data Management, SOCIETE GENERALE SECURITIES SERVICES Lawrence Heim, Regional Director, Global Infrastructure Services, Asia Pacific, STATE STREET Lead sponsor Panel sponsors Co-sponsors Hosted by

Letter from the editors Dear data industry executive, It is with pleasure that we invite you to the Tokyo Financial Information Summit 2011, our follow-up to last year s inaugural conference, hosted by Inside Market Data and Inside Reference Data. One year on from the implementation of the Tokyo Stock Exchange s ground-breaking Arrowhead trading platform, the rise in High Frequency Trading (HFT) in Japan is evident. Trading volumes have increased, and firms are conscious of the need to stay ahead of the curve and ensure that their infrastructures are up to speed. However, the slow economic recovery means that costs are still at the forefront of strategy discussions and technology professionals must manage their firms growth ambitions with tightened resources. Against the backdrop of this dynamic state-of-play, the Tokyo Financial Information Summit is timed perfectly to address the challenges and opportunities and highlight practical solutions to issues faced by data end-users, exchanges and vendors in Japan. This year s agenda features the leading lights from the financial technology and data industries in the region, who will tackle issues including infrastructure and content requirements for HFT, recent developments in exchange and Proprietary Trading Systems (PTS), the cost-benefit analysis of co-location, the growing significance of risk data, and best practices in acquiring data for complex, illiquid instruments. Our exceptional speaker faculty includes Kotaro Yamazawa, Senior Executive Director, Project Owner J-Gate, Osaka Securities Exchange, who will analyse the role of J-Gate in Japan s evolving derivatives trading environment; Akiyoshi Maruyama, Director of Information Services Department, Tokyo Stock Exchange, who will evaluate investor attributes, trading trends and styles in the post-arrowhead trading landscape; and a number of senior end-users from data, infrastructure and IT departments within financial institutions. We look forward to welcoming you to Japan s must-attend financial data and technology conference, the Tokyo Financial Information Summit, on April 13. Max Bowie Editor, Inside Market Data Tine Thoresen Editor, Inside Reference Data Who should attend the Tokyo Financial Information Summit? This event is designed for professionals who are working in market data, reference data and enterprise data management in financial institutions. It is of particular relevance to executives with the following job titles: Chief Data Officer Chief Information Officer Chief Operating Officer Chief Technology Officer Global, Regional, Country Heads, Directors and Senior Management with responsibility for: Market Data Services Data Administration Market Data Commercial Reference Data Strategy Reference Data Quality Data Architecture Enterprise Data Management Data Outsourcing Algorithmic Trading Information Systems What s in it for you? IT Strategy Trading Technology Electronic Trading & Execution Market Data Operations Data Desktops Infrastructure Market Data Analysts Risk Management Operational Risk & Compliance Osaka Securities Exchange presentation of J-Gate, the new derivatives ultra low-latency platform and an evaluation of its impact on Japan s trading environment Listen to end-users determine best cost-management strategies, ideal content and infrastructure requirements for low-latency systems and the need for a centralized data platform Gain insight into product innovations and vendor strategies for the year ahead Benchmark your market and reference data management strategies, cost-cutting and risk management initiatives Hear exclusively from and network with top CIOs, heads of market data and reference data, infrastructure and IT about the latest trends and developments in the Japanese financial information space Participate in the interactive panel discussions and discuss the impact of the emergence and growth of HFT on you and your firm Learn about new market and reference data management frameworks that will get you the most from the current economic climate

Programme - Conrad Hotel, Tokyo Wednesday, September 14, 2011 8.20 Registration and breakfast 8.50 Opening remarks: Lee Hartt, Publishing Director, INSIDE MARKET DATA & INSIDE REFERENCE DATA 9.00 Keynote Address: How will J-Gate change the dynamics of derivatives trading in Japan? Kotaro Yamazawa, Senior Executive Director, Project Owner J-Gate, OSAKA SECURITIES EXCHANGE (OSE) 9.30 END-USER PANEL: Spend trends for Japan s data users Identifying the best strategies for balancing growing data needs with tightened resources Assessing the impact of market fragmentation and increased HFT on data costs What content is delivering maximum trading returns? New investment trends and data requirements for emerging markets, commodities and derivatives Setting metrics for data quality and distribution to ensure return on investment Moderator: Keiren Harris, Principal, PACIFIC INFORMATION SERVICES Philippe Bredel, Head of IT, CLSA JAPAN Kevin B. Iwanaga, Director, Head of Market Data Strategy, Asia Pacific, CITIGROUP Tomohiro Toyota, Chief Technology Officer, Equities, MORGAN STANLEY JAPAN 10:20 CASE STUDY: The evolving trading landscape in Tokyo post-arrowhead: investor attributes, trading trends and styles Akiyoshi Maruyama, Director of Information Services Department, TOKYO STOCK EXCHANGE 10.50 Morning break with networking opportunities STREAM ONE: Data Management 11.20 PANEL DISCUSSION: The times are exchanging analysing recent developments in exchange and proprietary trading systems (PTS) Arrowhead 12 months on: assessing evolved data needs since the introduction of HFT How has fragmentation changed the value of data? Exchange vs. PTS: weighing tighter spreads vs. data quality Carrie Cheung, Director, Asia Pacific Electronic Trading, BANK OF AMERICA MERRILL LYNCH Takashi Hiratsuka, Trading Group Group Leader, Asset Management Division, RESONA BANK Christina Makiguchi, Director, Head of Advanced Execution Services, CREDIT SUISSE SECURITIES (JAPAN) 12.05 PANEL DISCUSSION: Risky business: the growing significance of risk data Analysing the impact of Basel III and IFRS on data requirements Using EDM strategies to ensure data is in the right format to satisfy regulators What s hot: Identifying data requirements for monitoring counterparty exposure and mitigating risk John Sproat, Executive Director, Enterprise Data, MORGAN STANLEYJAPAN *Further panellists to be advised -for the latest agenda please visit STREAM TWO: Trading Technology PANEL DISCUSSION: Speeding bullets what do clients want from (ultra) low-latency systems? Assessing the infrastructure and content requirements How critical is low-latency data? What are the hazards of missing out? How fast is fast enough? Moderator: Neil Katkov, Senior Vice President, Head of Asia, CELENT, a part of OLIVER WYMAN Sachin Agarwal, Regional Head of Market Data Infrastructure, Asia Pacific, RBS Miguel Ortega, Market Data Manager, DEUTSCHE SECURITIES JAPAN PANEL DISCUSSION: Infrastructure management and high performance computing strategies Ensuring technology is capable of meeting business goals Tools and methodologies to optimize your infrastructure and monitor speed and performance Managing capacity to avoid performance issues and mitigate strain from increased data volumes Lawrence Heim, Regional Director, Global Infrastructure Services, Asia Pacific, STATE STREET *Further panellists to be advised - for the latest agenda please visit 12.50 Lunch with networking opportunities 14.00 CASE STUDY: Gaining access to emerging markets data China and the Middle East Evaluating the growth in demand for data on China and the Middle-East Best strategies and products for sourcing high-quality, reliable data within various asset classes Tackling issues of risk and transparency *Speaker to be advised - for the latest agenda please visit CASE STUDY: Flash in the pan avoiding the dreaded Flash Crash Under what circumstances could a Flash Crash occur in Japan or other Asia-Pac markets In light of the US Flash Crash, what have industry participants done to prevent this? The role of regulators and exchanges in monitoring low-latency market operations and preventing similar incidents *Speaker to be advised - for the latest agenda please visit For the latest event and agenda updates, visit

14.30 PANEL DISCUSSION: Pricing problems: acquiring pricing data for complex, illiquid instruments Addressing the challenges of acquiring independent, verifiable pricing data for hard-to-value complex instruments Reviewing validation techniques for ensuring the price is right when using model-based valuation strategies Assessing the quality of data inputs Dr. Perry Beaumont, Head of Evaluated Pricing Research & Development, SIX TELEKURS Andrew Reeve, Head of Sales, Asia Pacific & Middle East, TULLETT PREBON INFORMATION Olivier Rose, Head, Projects & International Data Management, SOCIETE GENERALE SECURITIES SERVICES PANEL DISCUSSION: The Co-lo question Domestic and regional options for an optimized co-location/proximity hosting strategy for Japan, Asia-Pacific and international data Co-location vs. proximity/third-party hosting: pros and cons Do the microseconds make a difference quantifying and comparing the differences in latency and potential ROI? Sachin Agarwal, Regional Head of Market Data Infrastructure, Asia Pacific, RBS Kenji Koshigoe, Senior Vice President, Market Data Services, CITIGROUP Wayne Schmidt, Head of Market Data Technical Services, Asia, NOMURA SECURITIES 15.15 PANEL DISCUSSION: Reference Data Is there a business case for centralization? Gauging demand for an enterprise data management platform Out with the old: Replacing legacy systems, or leveraging past investments? Succeeding with platform implementation: Considering the disparate needs of various stakeholders and asset classes Rick Enfield, Product Business Owner, ASSET CONTROL SYSTEMS Kevin Ng, Director, Enterprise Solutions, STANDARD & POOR S Olivier Rose, Head, Projects & International Data Management, SOCIETE GENERALE SECURITIES SERVICES Subbiah Subramanian, Head of Instrument Engineering, EAGLE INVESTMENT SYSTEMS PANEL DISCUSSION: The future of high frequency trading in Japan Analysing the impact of uptake in HFT on firms What does the industry see as the next generation for low-latency architecture and content? Predicting growth in non-equities asset classes for HFT and determining the infrastructure and content needs Moderator: Neil Katkov, Senior Vice President, Head of Asia, CELENT, a part of OLIVER WYMAN Takeya Kamei, Director, Head of Autobahn Equity Japan, DEUTSCHE BANK Wayne Schmidt, Head of Market Data Technical Services, Asia, NOMURA SECURITIES 16.00 Coffee Break 16.30 PRESENTATION: How market data is an essential element in algorithmic and high-frequency trading *Speaker to be advised - please visit for the latest agenda 17.00 VENDOR PANEL: Meeting the evolving needs of clients amidst slow economic recovery As the market continues to fragment and evolve, more players are entering, giving clients more vendor-diversity than ever before; yet, the larger players and local firms continue to dominate the market. How open are firms to using new entrants to the region, and how are incumbent vendors adjusting their strategies to handle new competition? What are clients demanding most from their vendors? How are vendors meeting client needs for innovative content and technologies while keeping costs low? Moderator: Keiren Harris, Principal, PACIFIC INFORMATION SERVICES Will Mateu, Business Development & Sales, ICAP Andrew Miller, CEO, ARCONTECH 17.45 Closing remarks Market data & technology training 14th, 15th September 2011, Tokyo Day 1 Introduction to real-time financial market data Day 2 Low latency market data and trading systems solutions incisive-events.com/mdtt/tokyo 18th, 19th, 20th 21st April 2011, Singapore Day 1 Introduction to real-time financial market data Day 2 Introduction to dealing room technology Day 3 Low latency market data and trading systems solutions Day 4 Cost control and data administration incisive-events.com/mdtt/singapore About the host Incisive Media s market data portfolio incorporates the market-leading industry brands serving financial institutions in print, in person and online - through its series of publications, conferences, research, training, briefings and reports. Our publications help key decision makers within financial institutions with the business and financial issues they face as consumers of market data, reference data and data management. 14th, 17th, 18th November 2011, Hong Kong Day 1 Introduction to real-time financial market data Day 2 Low latency market data and trading systems solutions Day 3 Market data delivery infrastructures: RMDS, data feeds and system management incisive-events.com/mdtt/hk Separately bookable days run by our renowned tutor John Best. For any inquiries about these courses and to register your place, please contact PabloCG@incisivemedia.com insidemarketdata.com irdonline.com

Lead sponsor As a leader in its field, SIX Telekurs specializes in the procurement, processing and distribution of international financial information. Financial market specialists at SIX Telekurs gather information from all the world s major trading venues directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for more than 5 million financial instruments is unique in terms of its depth of information and data coverage. With offices in 23 countries, SIX Telekurs combines the advantages of global presence and local know-how. www.telekurs.com Panel sponsors Arcontech provides world class real-time market data and trading systems to the global financial community. Arcontech has thrived due to the timely delivery of innovative, dependable, costeffective products and bespoke solutions to its blue chip user base. CityVision, Arcontech s open market data platform supports multi vendor contribution, global data distribution, real-time spreadsheet integration and on-line trading. It is used by government, central banking, data vendors, investment banks, inter dealer brokers and retail service providers Its enterprise features, including dynamic configuration and superb fault-tolerance make it an excellent choice for high availability, reliability, flexibility and scalability. www.arcontech.com Asset Control delivers proven data management software solutions for the sourcing, quality improvement, management and distribution of financial data, from tactical entity-level activities to strategic firm-wide projects. We provide reference and market data platforms that deliver the accuracy, consistency and relevancy financial institutions need to turn mountains of data into valuable business insight, enhancing their ability to: reduce risk and cost; manage evolving compliance needs; gain agility to meet new business objectives and increase operational efficiency. Learn more at www.asset-control.com Eagle Investment Systems LLC enables financial Institutions to grow their assets by creating operational efficiencies and delivering award-winning solutions for data management, investment accounting, and performance measurement and attribution, supported by an unparalleled level of service. Eagle deploys its solutions via a secure private cloud, Eagle ACCESSSM, which hosts and provides on-going support of the applications and systems infrastructure, reducing complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at www.eagleinvsys.com. Standard & Poor s provides solutions that help organizations with clearance and settlement STP, compliance and risk management, security master file maintenance, data management, and mutual fund and client statement evaluations. Services include global securities identification and cross-referencing, securities pricing, reference data, credit ratings and research to support securities operations and investment managers worldwide. For more information www.standardandpoors.com Tokyo Stock Exchange, Inc. (TSE) is one of the leading global exchanges and has served as Japan s central market with its unparalleled liquidity and fair and efficient trading mechanism. TSE has successfully launched arrowhead in January 2010 and delivered the next generation trading system which fulfils goals of low latency, high reliability, and scalability. TSE has also enhanced its market data services by introducing FLEX Standard and FLEX Full, which expand quotes depth and reduce latency to 3 millisecond. TSE will continue to strengthen its market functions and provide services and products satisfying needs of investors. www.tse.or.jp Tullett Prebon Information is a leading provider of independent real-time price inf ormation from the wholesale inter-dealer brokered financial and commodity markets. Tullett Prebon Information is a wholly owned subsidiary of Tullett Prebon, a fully diversified inter-dealer broker with leading positions in global fixed income securities, money markets, capital markets, equities, energy, credit and associated derivative products, and a principal source of market information for Tullett Prebon Information. Tullett Prebon Information delivers the highest-quality independent price data from the OTC markets using state of the art technologies and data publication standards. www.tullettprebon.com Co-sponsors Bloomberg is the world s most trusted source of information for businesses and professionals. Bloomberg combines innovative technology with unmatched analytic, data, news, display and distribution capabilities, to deliver critical information via the BLOOMBERG PROFESSIONAL service and multimedia platforms. Bloomberg s media services cover the world with more than 2,300 news and multimedia professionals at 146 bureaus in 72 countries. The BLOOMBERG TELEVISION 24 hour network delivers smart television to more than 240 million homes. BLOOMBERG RADIO services broadcast via SIRIUS XM Radio and 1worldspaceTM satellite radio globally and on WBBR 1130AM in New York. The award winning monthly BLOOMBERG MARKETS magazine, Bloomberg BusinessWeek magazine and the BLOOMBERG.COM financial news and information Web site provide news and insight to businesses and investors. www.bloomberg.com ICAP, the world s premier interdealer broker, is the original source of global market information and commentary for professionals in the international financial markets. Derived from ICAP s global transaction volumes (over USD 1.4 trillion daily average), 40% of which is electronic, ICAP s unique market data is a key source of information across a wide range of asset classes, time zones and instruments. ICAP Information and Commentary offerings include real-time, endof-day and historical market data, as well as research and commentary from some of the world s leading economists and analysts. www.icap.com Nikkei Inc. has a strong history in the use of cutting-edge technology for the dissemination of Japanese business information. In January 2007, Nikkei Digital Media, Inc. was established and separated from Nikkei. Its current range of electronic-media services, such as NEEDS and Nikkei Telecom21 provide comprehensive and timely business information across the globe. NEEDS is the premier resource for Japanese historical financial data. The data available spans corporate financials, securities pricing, indices, and economics. The breadth of databases makes NEEDS the perfect data source for a wide range of tasks, from front-office research, to back-office processing; and from credit-risk management, to quantitative analysis. www.nikkeieu.com/needs Hosted by Sponsorship Information If you would like to come on board as a sponsor for the Tokyo Financial Information Summit 2011, please contact: Jo Garvey T: +1 212 457 7745 E: jo.garvey@incisivemedia.com Lee Hartt T: +44 20 7484 9907 E: lee.hartt@incisivemedia.com

Please do not cover this box as it contains important marketing information For more than 3 delegate bookings, please contact Customer Services to discuss a group discount on tel: +852 3411 4888 Book Online* VIP No: Registration This registration only qualifies you for September 14 the Tokyo Financial Information Summit Please note there are separate registration options FREE of charge Banks and Financial Institutions* *This offer is only available for delegates from investment banks, securities firms, investment management companies, asset managers, pension funds and hedge funds. Vendors, exchanges and service/ software providers do not qualify for this. Confirmed delegates will be notified by the event team and the organiser s decision is final US$1250 Vendors, exchanges and service/software providers Booking options Online Visit Email us Contact our Customer Services team at conf@incisivemedia.com Fax Send your complete registration form to +852 3411 4811 Phone Call us on +852 3411 4888 during Hong Kong office hours Visit the Incisive Media web site for an update on our forthcoming conferences, courses and for information on our magazines/books at incisive-events.com Your registration fee includes morning refreshments, lunch, afternoon refreshments, your conference/seminar materials and the conference cocktail party. Please note your place is not guaranteed until your payment has been received If you require an invoice please inform us stating whether you need an original or a fax copy. We accept company cheques, credit cards and bank transfers. Please allow a minimum of seven working days for a bank transfer to reach us and phone or fax us when it has been sent. Please state the event name and delegate name to which it relates. Venue and Accommodation The Conrad Tokyo 1-9-1 Higashi-Shinbashi Minato-ku, Tokyo, 105-7337, Japan Tel: 81-3-6388-8000 Guest Fax: 81-3-6388-8001 conradhotels1.hilton.com Registration form NAME JOB TITLE DEPARTMENT For assistance with reservations please contact the hotel directly and quote, Incisive Media when making your booking. COMPANY NAME ADDRESS CITY ZIP / POSTCODE COUNTRY TELEPHONNE EMAIL Warning: Tokyo Financial Information Summit is a registered trademark, and the titles, contents and style of this brochure are the copyright of Incisive Media. We will act on any infringement of our rights anywhere in the world. Incisive Media. Cancellation: A refund (less 10% administration fee) will be made if notice of cancellation is received in writing three weeks before the event. We regret that no refunds can be given after this period. A substitute delegate is always welcome at no extra charge. Disclaimer: The programme may change due to unforeseen circumstances, and Incisive Media reserves the right to alter the venue and/or speakers. Incisive Media accepts no responsibility for any loss or damage to property belonging to, nor for any personal injury incurred by, attendees at our conferences, whether within the conference venue or otherwise. Data Protection: By registering for Tokyo Financial Information Summit Incisive Media* will send you further information relating to this event. In addition we will send you information about our other relevant products and services which we believe will be of interest to you. If you do not wish to receive other relevant information from Incisive Media via a particular medium please tick the following relevant boxes: mail ; phone ; fax ; email. Incisive Media will also allow carefully selected third parties to contact you about their products and services. If you do not wish to receive information from third parties via any of the following media please tick the relevant boxes: mail ; phone. Please tick if you are happy to receive relevant information from carefully selected third parties by email and fax.