The agreement follows the establishment of PMi Consult Singapore (Pte) Ltd which will focus on the delivery of consulting, recruitment and resource management services to the financial services sector in the Asia Pacific region. The Singapore based business will be managed by Elizabeth Teo.

PMi has an unrivalled history in delivering project management expertise and delivery teams to organisations undertaking change programmes, system selection and implementation. Successes to date include many live implementations of solutions from companies such as Misys, Temenos, Oracle FSS and Infosys. The relationship with ABC will increase this service offering to include treasury & capital markets and risk management technology and will increase the opportunity for us to deliver experts with knowledge of solutions from companies such as SunGard, Reuters, Wall Street Systems, Calypso, Murex etc.

ABC is a Singapore based business that acts in an advisory capacity to financial institutions in the Asia Pacific region. It offers business and systems expertise as well as technology solutions in specific fields such as treasury, ALM, governance, compliance, risk management, payments, wholesale banking, and wealth management.

Commenting on the Joint Venture agreement Alan Talbot, Director at ABC, said: "ABC's mission is to bring innovative and proven software solutions to the Asia Pacific financial services sector and while doing this many Asian firms have expressed their very real need for skilled resources beyond those locally available in the Asian marketplace, which are typically in high demand and thus difficult to find. PMi has a proven track record for delivering such skilled resources to the sophisticated European banking community and so can also source such expertise for the Asian Market. There was clearly a natural synergy for the two companies to work together whereby it is financial organisations who can benefit most from this collaboration."

Peter Judge, Operations Director, PMi, commented: "We are delighted to align ourselves with ABC in the region. Their knowledge of the APAC marketplace coupled with a detailed appreciation of local and international software solutions and regional business requirements will allow PMi to deliver a unique service. All at PMi very much look forward to working with ABC."