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  • JIAM event “Global financial City: The power of art” on March 29, 2022.

    JIAM event “Global financial City: The power of art” on March 29, 2022.

     

    Great financial centers are also great art centers – How true is this?

    JIAM has invited two art industry experts to explore the relationship between art and an international financial city. Dennis Layton, a Senior Advisor at McKinsey & Company, runs an art investment platform named Ikon exchange in London, a global financial city, and will be speaking to us about the relationship between art and finance in London. (presentation in English)

    After that, Mr. Tai Iguchi, CEO of TRiCERA, Inc., which is a platform that supports artists to sell their works to the global audience, will talk about the current situation and issues of the domestic art market. (presentation in Japanese)

    Finally, we will discuss how the art market could be developed in Tokyo under its “Global Financial City Tokyo: Vision 2.0”. (with consecutive translation)

    Please join us either in person at Kable Lounge in KABUTO ONE, our new landmark near the Tokyo Stock Exchange, or online.

     We look forward to welcoming you.

     

    Venue

    ●Held both online and offline

    Venue: Book Lounge Kable
    (7, Nihonbashi Kabutocho, Chuo-ku, Tokyo 103-0026)

    Online: You will receive a zoom link if you sign up as joining online.

     

    Date/Time

    Tuesday, March 29, 2022 5pm-6:15pm (JST), 8am-9:15am (GMT)

    (For those attending at Kable, registration starts at 4:40)

     

    Agenda

    1. Keynote speech #1Potential of Art and Art Business in London (10min)

    Mr. Dennis Layton, Founder and CEO of Ikon Exchange, Senior Advisor to McKinsey and Company (presentation in English)

    2. Keynote speech #2Current State of the Japanese Art Market and Issues

    (10min)

    Mr. Tai Iguchi, CEO of TRiCERA, Inc. (presentation in Japanese)

    3. Panel Discussion We will discuss the following questions(with consecutive translation)

    1. Do we find art where the wealthy congregate or do the wealthy congregate where there is art?
    2. Can NFT change the art market?
    3. How can art become an investment asset class and how does art add value to a financial city?

    Registration

    Please register from here

     

    Speakers

    Dennis Layton, Founder & CEO, Ikon Exchange, McKinsey and Company, Senior Advisor

    In March 2021, Dennis founded Ikon Exchange which is a platform for buying and selling registered shares in fine art. He is one of Europe’s most influential organization strategists and a widely cited thought leader on multiple organization/ human capital topics including complexity, cost reduction, agile organizations, performance management, cyber-security, the future of work, and diversity. He also has extensive financial services industries experience.

    <CAREER> Jul 2019-Mar 2021 OLIVER WYMAN Partner, Global Leadership Team Member. Mar 2017-June 2019 EY, LONDON Partner, Deputy Global Leader, People Advisory Services Deputy Global Leader of EY’s $1.5b People Advisory Services business.
    Mar 2006-Feb 2017 MCKINSEY AND COMPANY, LONDON Partner
    Leader of McKinsey’s Organization Practice in the UK & Ireland with a focus on Human Capital and Performance Transformation.
    Oct 2005- Mar 2006 MCKINSEY AND COMPANY Consultant

     

    Tai Iguchi, CEO of TRiCERA, Inc.

    After graduating from university, he joined the long-established audio equipment manufacturing industry and started his career at its Asia Pacific headquarters.
    He changed jobs to Siemens Co., Ltd., engaged in ordering and receiving medical equipment, and worked hard to introduce the system as a project lead.
    After that, he joined Nike Japan Co., Ltd. in 2015 and became a manager in charge of the supply chain of directly managed stores in Japan in 2017, participated in global projects, and launched and executed several new projects in Japan.
    On November 1, 2018, he established TRiCERA, Inc.

     

    Moderator
    mumu Makinose JIAM Senior Expert

    After joining the Bank of Tokyo, he worked at the Foreign Exchange Fund Department, Frankfurt and London branches. He is in charge of foreign exchange transactions and financial development. He is a major electronics manufacturer and he was in charge of finance and business planning in London, headquarters and Shanghai. Through these duties, he has experience in international financial matters from both financial institutions and companies.

    Currently, at the Fukuoka City Global Startup Center (“GSC”), he is in charge of overseas expansion of Fukuoka Startup companies and soft landing of overseas startups to Fukuoka. He has also joined JIAM since January 2022.

     

    Registration

    Please register from here

  • Webinar: The evolving landscape of the wealth management industry and digitalization will be held on 1st Sep.

    Webinar: The evolving landscape of the wealth management industry and digitalization will be held on 1st Sep.

    JIAM webinar:  the evolving landscape of the wealth management industry and digitalization

    「ウェルスマネジメント・ビジネスの潮流とデジタル化」

    Detail

    Date and time:  1st Sep 4:00pm-5:30pm

    Delivery format:  Zoom 

    Language: Japanese and English (no simultaneous interpretation)

     

    Agenda

    1. Development in the global wealth management industry. (In English)   Seo Young Lee, Partner, Oliver Wyman
    2. The importance of engaging the mass affluent in Japan and how IFAs can help. (In Japanese)   keiichi Ohara, CEO of Japan Asset Management Platform (JAMP)
    3. How the latest digital technology can change the interaction between WM and clients ~ AI and hyper-personalisation. (In Japanese)    Naoyuki Honda, Japan Tier 1 sales Head, InvestCloud
    4. Panel discussion 
    5. Closing

    Registration

    Please registration from here : https://jiam.typeform.com/to/mxW0kGdi

     

    Speakers

    Seo Young Lee

    Partner, Head of North Asia (Representative Director, Oliver Wyman Group K.K.)
    Head of Corporate & Institutional Banking, Asia-Pacific Region

    Seo Young Lee is a Partner based in Tokyo and serves the dual role as Head of Oliver Wyman’s North Asia region and as Head of Corporate & Institutional Banking industry practice in Asia-Pacific. Seo is a member of the firm’s Asia-Pacific Leadership Team and Global Leadership Council. During his career at Oliver Wyman, Seo played senior roles in several offices including Tokyo, Seoul, Hong Kong and Singapore.

    Primary focus of Seo’s client work includes supporting global financial institutions on the topics of Growth, Globalization, Financial Resource Optimization, Mergers and Acquisitions and Risk/Capital Management. Seo has over 25 years of experience in consulting and financial services across Asia, North America and Europe.

    Seo has been featured in leading media including Financial Times, The Banker and Reuters, and has spoken at various conferences including World Knowledge Forum, Nikkei Retail Conference and The Economist Intelligence Unit Conference.

     

    Keiichi Ohara

    CEO, Japan Asset Management Platform (JAMP)

    03 年3月東京大学法学部卒業。10 年7月ロンドンビジネススクール金融学修士課程修了。野村資本市場研究所を経て、04年7月から15年3月まで興銀第一ライフ・アセットマネジメント(現アセットマネジメントOne)の東京・ロンドンオフィスで主に事業・商品開発業務に従事。15年8月にマネックス・セゾン・バンガード投資顧問を創業し、17年9月まで同社代表取締役社長。2018年5月に日本資産運用基盤株式会社(現JAMPフィナンシャルソリューションズ株式会社)を創業。

     

    Naoyuki Honda

    Japan Tier 1 sales Head, InvestCloud

    様々な外資系FinTech企業にて、金融業界(特にウェルスマネジメント分野)で働く皆様の生産性向上とDXを推進するため、大手銀行・証券・資産運用会社・信託銀行等のお客様を15年以上担当。
    目標は「海外発のイノベーションを日本の金融業界に浸透させ、5年後には日本が欧米より先を進んでいた」を実現すること。

     

     

     

    Contact us:

    For further information please contact  misaki.shoji@jiam-consortium.org

     

  • JIAM contributed to the Journal of the Japanese Society for Artificial Intelligence Vol.36 No.3 (2021/5).

    JIAM contributed to the Journal of the Japanese Society for Artificial Intelligence Vol.36 No.3 (2021/5).

    JIAM published a bimonthly paper by the Japanese Society for Artificial Intelligence in the journal Vol.36 No.3 (2021/5) entitled “Japan’s Asset Management Digital Revolution Opened by Alternative Data” by Tomoharu Nakao, Keiichi Aritomo, Naomi Takegoshi, and Misaki Shoji.

    Please see below for detailed information on academic journals. (in Japanese)
    Japanese Society for Artificial Intelligence Website: https://www.ai-gakkai.or.jp/published_books/journals_of_jsai/vol36_no3/

    You can see the survey on the utilization of alternative data that was the basis of this paper from this article. (In English)
    JIAM Alternative data survey 

     

     

  • Online workshop:  Japanese Hedge Funds  – a hidden gem in a turbulent world – will held on wed 14 April 2021

    Online workshop: Japanese Hedge Funds – a hidden gem in a turbulent world – will held on wed 14 April 2021

    In 2020 to the end of Q3, Japanese hedge funds generated an absolute return of over 5% while the MSCI Japan index was still in negative territory according to a survey by Sussex Partners, a Zurich/London based investment advisory boutique. Despite their impressive track record, the sector remains relatively unknown.
    This webinar will deep dive into the Japanese Hedge Fund Industry and its source of strength and explore how this sector can be developed further and promoted to the global investor community.

    Patrick Ghali, Co-Founder and Managing Partner of Sussex Partners (Zurich/London) will talk through the survey by AlphaWeek and Sussex Partners to unveil the Japanese Hedge Fund industry. His talk will be followed by talks on recent initiatives in Tokyo to boost the asset management sector (Akika Hamakawa, FinCity.Tokyo) and on how emerging Japanese fund managers can sharpen their alpha generation capacity further (Chee Hwee Seah, Enfusion). The speakers will then discuss with representatives from AIMA Japan (Nick Silver and Shin Shiraki) the findings of the survey, observations on this sector and how it can grow further.

     

    Agenda

    Part 1: Why Japanese Hedge Funds? Introduction of Japan Hedge Fund Survey and other observations on the industry – Patrick Ghali, Sussex Partners

    Part 2:Improving the environment to diversify Tokyo’s Asset Management Ecosystem – initiatives by FinCity.Tokyo – Akika Hamakawa, FinCity.Tokyo

    Part 3: Sharpening the alpha generation capabilities further – Chee Hwee Seah, Enfusion

    Part 4:Panel Discussion

    Registration

    https://jiam.typeform.com/to/urlaXqWS

     

     

    Where

    Zoom webinar (free event) The zoom link will be informed to participants ahead of the event.

    When

    17:00-18:15 (JST) , Wed 14 April 2021

    Speakers

    Patrick Ghali Co-Founder & Managing Partner, Sussex Partners

    Patrick is the co-founder and Managing Partner of Sussex Partners since 2003. he founded Strategic Solutions International, a firm that specialized in fundraising, due diligence and M&A, relating to technology ventures.
    Prior to co-founding Sussex Partners in 2003 he worked for Bear Stearns where he was part of a team that established a global private banking operation in London, and where he also advised hedge funds and funds of hedge funds on institutional and pension fund mandates. He was named as one of Financial News’ 40 under 40 Rising Stars in Hedge Funds 2015. He has a B.S. in Finance from the Stern School of Business, New York University

     

     

    Akika Hamakawa Senior Manager, FinCity.Tokyo

    Akika Hamakawa has been with FinCity.Tokyo since its inception in 2019. Prior to that she has been also been at JIAM as Deputy Secretary General. She is seconded to FinCity from Heiwa Real Estate. Prior to that she was closely involved with the creation of JIAM in 2016 and has served as its Deputy Secretary General.  She holds a master’s degree in jurisprudence from Hitotsubashi University, has worked at Mitsui OSK Lines and Japan Airlines.

    
    
    

    Chee Hwee  Seah Head of Singapore, Enfusion

    Chee Hwee Seah has 20+ years of experience in the Financial Technology industry and specializes in the Emerging Manager’s sector for Enfusion. In his career, he has been successfully helping many asset and fund managers to achieve operational alpha and elevate performance with different strategic solutions.

    Panelists

    Nick Silver Managing Director, Head of Equity Division, Credit Suisse Securities Japan

    Nick Silver is a Managing Director of Credit Suisse in the Asia Pacific Division, based in Tokyo. He is Head of Equities, Japan and responsible for spearheading the growth of overall Equities franchise, across Sales, Execution, Prime and Research, in Japan. Nick joined Credit Suisse in 2018 from Deutsche Bank, where he was Head of Prime Finance Client Financing and Co-Head of Equity Execution, Asia Pacific. He holds a Bachelor of Commerce and a Bachelor of Arts from the University of Melbourne. Nick Silver has a deep knowledge of Asia’s equity markets and equity financing in the region, having worked in the region for 18 years. He was instrumental in the build-out of Deutsche Bank’s prime finance platform in the region.

     

     

    Shinichiro Siraki Chairman, AIMA Japan & Chief Executive Officer, Aizawa Asset Management Co.,Ltd.

    Shin has more than 25 years of investment experience with private equity funds, venture capital funds, and hedge funds, both domestic and global. Shin established Monex Alternative Investments (MAI) in 2004 acted as both its CEO and CIO. After the acquisition of MAI by Astmax Co., Ltd., Shin was a director and CIO for Astmax Asset Management Limited.
    He currently also serves on the Board of Directors of Aizawa Securities, TSE1 listed 102 years old security house and Asuka Asset Management Ltd, one of the oldest hedge fund managers in Japan.

    Prior to this, Shin was in charge of alternative investments at Bank of Tokyo-Mitsubishi UFJ.Shin was one of the founding members of AIMA Japan, established in 2001. Shin serves as the chairman of its executive committee. Shin received his BA in Economics from Keio University and an MSc in Finance from London Business School. He is the author of a book titled “All about Investment Funds (Kinzai)”, published in 2006 and revised in 2014.

  • JIAM’s MOU with IA Engine and membership of IA Engine Global Partners!

    JIAM’s MOU with IA Engine and membership of IA Engine Global Partners!

    JIAM is pleased to have concluded an MOU with IA Engine which is a digitization accelerator program run by The Investment Association (UK).

    This goes back to our meeting with IA Engine in London back in January. We were pleased to discover that IA Engine and JIAM shared similar aspirations in the digitization of the asset management industry and the need to facilitate matching between fintechs with transformative product propositions and the asset management industry players.

    IA Engine has been creating a network with overseas investment management organizations named IA Engine Global Partners with members in Dubai, Abu Dhabi and Doha. With the signing of the MOU JIAM is delighted to join this network alongside IMAS of Singapore.

    With the signing of the MOU, JIAM plans to feature fintech companies of IA Engine on our JIAM Fintech Square page in our website and hope to be able to exchange information and insights between industry players in the UK and in Japan in bringing digitization and innovation to the buyside industry.

    IA Engine’s Website
    https://www.theiaengine.com/global-partners/japan/

  • Data Management Best Practices and Emerging Trends from Global and Japanese Buyside Surveys

    Data Management Best Practices and Emerging Trends from Global and Japanese Buyside Surveys

    The webinar will discuss the key findings from recent global and Japanese RIMES Buy-Side Surveys, which uncovers the data management challenges asset managers face, as well as the technology and solutions being explored to overcome them. The demand for high quality data, more extensive coverage, a faster time-to-market and more demanding operational efficiencies is to be contrasted against more challenging market conditions, made worse by the COVID-19 situation. Diarmuid O’Donovan will also share his insights, as an ex-practitioner, to add a practical dimension of leading such transformational business changes in this sharing session.

     

    Date

    16:00-17:30 JST, Thursday 19 November

    Where

    Zoom webinar (free event) The zoom link will be informed to participants ahead of the event.

    Agenda

    Part 1: Highlights of the 2019 Japan Buy-side Survey to illustrate the findings from 2019 (Japanese) Speaker – Yoshihide Kisaichi, Manager, Nomura Research Institute

    Part 2: Highlights of the 2020 Global Buy-side Survey to illustrate the global trends/thinking (English) Speaker – Jonathan Hammond, Partner, SIONIC

    Part 3: Execution and leadership tips from an ex-Chief Data Officer (English)

    Speaker – Diarmuid O’Donovan, Chief Operating Officer, RIMES Technologies

     

     

    Speakers

    Yoshihide Kisaichi

      Manager, Nomura Research Institute

    After being in charge of developing various information systems as a system engineer, Yoshihide has been involved in NRI IDS (Financial Information Database Providing Service). After managing the team in charge of financial data collection management and customer support, and transferring the financial data collection management process to overseas bases, he is currently engaged in sales and business planning of this service. Since 2018, he has been introducing RIMES services to customers in Japan.

    Diarmuid O’Donovan

     Chief Operating Officer, RIMES TECHNOLOGIES

     

    Diarmuid joined RIMES in 2017 having spent his entire career within the securities services and asset management industry, most recently at Legal & General Investment Management (LGIM), where in his role as Chief Data Officer he was responsible for delivering an enterprise-wide information management capability. Prior to working at LGIM, Diarmuid was Global Head of Data at UBS Asset Management where he was a senior member of the middle and back office management team responsible for pricing, benchmarks, corporate actions and data management. He has also held several senior roles during a 10-year career at JP Morgan.

     

    Please apply from the link .

    Alternatively, please apply by filling in “name, company / department name, email address” to contact@jiam-consortium.org by Tuesday, November 17th.

     

    organizer: RIMES, supported by JIAM

  • JIAM Director Keiichi Aritomo talked for  “Fintech Initiative 2030”, co-produced by Keio Univ and KPMG Japan.

    JIAM Director Keiichi Aritomo talked for “Fintech Initiative 2030”, co-produced by Keio Univ and KPMG Japan.

    JIAM Director Keiichi Aritomo talked about his views and potentials of latest technology and how it can transform finance for a publication “Fintech Initiative 2030”, co-produced by Keio Univ and KPMG Japan.

    Link is Here
    Key takeaways
    1) Blockchain – possibility of disrupting supply chain finance/trade finance
    Trade finance has been a stronghold for banks because of the labor intensive/paper intensive nature and the need for a big back-office to handle it..
    The paper work can be replaced with blockchain and it would no longer require a big army.  As trade finance can be a very attractive investment product (high liquidity and high return) we might see more asset managers and hedge funds entering this classic business with the use of blockchain.
    2) AI and “radical transparency”
    AI has not changed that much over the last 20 years.  It cannot build hypothesis or stories which human brains can do.  But it is strong at digging out facts and build logic to support them.  Using the strengths of humans and AI, one new consensus building method is “radical transparency” which is practiced by star hedge fund manager Ray Dalio and his team.  All his team members including Ray will present their hypothesis and everyone and AI will evaluate them.  A junior associate can be commenting to Ray “your vision is already 20 years old!” – it is a process which eliminates internal politics and hierarchy from decision making.
  • 6th Asset management X Fintech workshop on 19 December

    6th Asset management X Fintech workshop on 19 December

    Our 6th Asset Management x Fintech workshop held on 19 December was a really special session to close 2019 and look ahead to 2020 with a presentation on the use of alternative data in the Japanese asset management industry and presentations by 3 Japanese companies selected for FINTECH 100 by KPMG recently.

    Ryuichi Murasawa, Director, KPMG AZSA spoke about a survey by JIAM on the current use of alternative data by Japanese asset management firms, vision for the future and challenges facing a widespread use of such data in Japan. JIAM has so far interviewed 10 firms. 75% are already using such data, mostly text data of analyst reports, financial result press conferences etc to complement traditional financial data. But there are challenges that need to be addressed for the industry to embrace its full potential, eg data reliability and safe and compliant use of data, need of specialists and reducing the trouble of data cleansing and preparation.

     

    Ryuichi Murasawa's presentation
    Ryuichi Murasawa, Director, KPMG AZSA

     

    We then had presentations by Morifumi Yotsumoto of Alpaca, Ryosuke Fujii of TORANOTEC and Shinichiro Kai of FOLIO. Alpaca provides financial market prediction AI solution.

    TORANOTECtec and FOLIO are B2C asset management fintechs which are trying to unlock the personal financial wealth in Japan through services which make investment easier and more fun. It was great to have these 3 companies who share the same mission as JIAM which is to modernise and strengthen asset management in Japan.

    Talk session with Morifumi Yotsumoto of Alpaca, Ryosuke Fujii of TORANOTEC and Shinichiro Kai of FOLIO.

     

    Some key messages

    • Moving away from an AUM size oriented business model widens the possibility for fund managers.
    • The importance of PMF (Product Market Fit) for PFM (Personal Finance Management).
    • For alternative data, competitiveness should come from after having the data in place, not from spending resources on collecting and cleaning them.
  • JIAM Special Roundtable with CDPQ was held on December 6

    Mr. Mario Therrien and Mr. Frederic Godbout of CDPQ to coming to JIAM on December 6 to talk about CDPQ’s investment philosophy, priorities and innovation.

    Mr. Mario Therrien

     

    Mr. Frederic Godbout

     

    Naomi Takegoshi of JIAM   We had short discussion time.

     

    Key takeaways were:
    1) globalization – non-Canadian assets accounting for 2/3, 10 offices overseas of which 4 are in emerging economies and the strong ethos for partnering with local players

    2) but at the same time servicing Quebec’s prosperity – REM metrolink project to connect airport with Montreal City Center. Being a seeder for nurturing Quebec based Emerging asset Managers.

    3) a real diversity of portfolio in both geography and sector, enabled by a great mix of direct investment, co-investment through strategic partnerships and utilization of external managers.