SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the appointment of Nick Quin as Managing Director at SimCorp Asia, based in Sydney.
Mr. Quin is the successor of Peter Hill who will assume a new role as Managing Director of United Kingdom & Middle East at SimCorp Ltd.
Mr. Quin was previously Regional Sales Director at SimCorp Asia Pacific, a position he held since 2003. He played an instrumental role in developing SimCorp's presence in both Australian and Asian markets.
Commenting on his appointment, Mr. Quin said: "I am excited to be given the opportunity to further drive leadership in a company recognized for its heritage while also taking on the challenge to contribute my experience and expertise as SimCorp responds to new financial market trends and demands. Only with innovation and state-of-the-art solutions, can investment managers apply scarce resources to help generate alpha and meet client demands in a cut-throat market.
My goal is to continue to help investment organizations move away from legacy platforms and enable them to grow their business, while assisting our clients in responding to market demands, such as the current Central Clearing and Trade Repository Reporting requirements."
Jochen Müller, Executive Vice President of SimCorp's Europe, Middle East, and Asia Pacific Markets division, said of Mr. Quin's move: "I am delighted that Nick is moving into a more broad leadership role of Managing Director. Nick brings deep expertise in the financial and software services space that will prove invaluable as SimCorp continues its growth trajectory across Asia Pacific. In addition, Nick's in-depth knowledge of SimCorp's solutions in improving the effectiveness and efficiency of the investment industry makes him the ideal candidate for the role. His passion and rapport with key industry stakeholders are also critical assets to the company."
In total, Mr. Quin brings over 23 years of relevant experience having worked in the financial and software markets in the UK, Australia, New Zealand, and Asia.