SimCorp, a leading supplier of highly specialised software and expertise for financial institutions and corporations, announced today that it has further extended its presence in the Asia Pacific region with the opening of a Singapore office.
The Singapore office, which has a headcount of five, is the third in the region and will provide implementation and support facilities for SimCorp's customers in Singapore and Hong Kong.
The opening of the Singapore office is part of SimCorp's planned growth for the Asia Pacific region. Since establishing a presence in Sydney, Australia, three years ago, SimCorp has built a customer base that includes leading financial institutions in Australia, New Zealand and Hong Kong. The recent announcement that the Monetary Authority of Singapore has chosen SimCorp Dimension as its platform for asset management consolidates SimCorp's position as a key supplier of financial software in the region.
"As one of Asia's major financial centres, securing an on-ground presence in Singapore has been a strategic objective for some time," says Bruce Wood, managing director, SimCorp Asia.
"This resource further strengthens SimCorp's presence in this part of the world and demonstrates our commitment to provide high levels of customer support throughout the Asia Pacific region."