Already a leading global provider of FIX services and solutions of execution and trading management systems it has today announced the opening of a further office in Singapore as a result of increasing customer demand. innerExchange will now offer sales and support for the Asia Pacific region through its Singapore operations.

Maël Garnier has been chosen to lead the company's expansion into Asia Pacific as Regional Director.

With the Singapore office opening, innerExchange is now in a position to fully capitalise on the steady and significant growth arising within the region, as well as better service the needs of its international clients with the value-added advantage of a local presence.

Prior to joining innerExchange, Maël Garnier has been a key player in the alternative investment and fund management industry. Garnier holds an MBA from Nanyang Business School, Singapore.

"I am very excited to be leading innerExchange's expansion into the Asia Pacific region. There is a huge need for innovative and cost-efficient solutions and I intend to continue to build on the success of innerExchange's cutting-edge solutions and services in Europe" said Maël Garnier. "Investment managers are first amazed by the broad technical and functional coverage, and the user-friendliness of innerExchange's solutions. Upon realising that these solutions can be implemented with high speed to market at a fraction of traditional costs, there is no room for hesitation."

"Traditional asset managers and hedge funds are looking for cost effective services and solutions that do not compromise the functional level of leading trading and management tools for use in international markets," explained Nicolas Chéronet, innerExchange's Managing Director "Investment managers are recognized as sophisticated users of technology and this easily lends itself to innerExchange's highly customizable execution and trading management platforms, that can scale at low cost."

As part of its commitment to serve global institutions, innerExchange continues to maintain a global presence now encompassing Singapore, London, Barcelona, Bordeaux, Kolkata with New York to follow very shortly.