Nyse Euronext (NYX) announced today that it has completed its resource transfer from Fixasia Technologies Inc., a leader in technology solutions and support services, to a newly created subsidiary, Nyse Philippines Inc.
The new subsidiary will operate as a regional technology hub based in Manila. This enables NYSE Technologies to efficiently expand and rapidly diversify its Asia business while enhancing its 24x7 global support model and adding the unique expertise of the Fixasia team. Terms of the transfer were not disclosed.
"By creating NYSE Philippines Inc., we have taken another significant step in growing our presence in Asia. Today, we are one of the region's most robust, customer-focused technology vendors," said Daniel Bürgin, Head of NYSE Technologies Asia Pacific. "We are pleased to bring in more than 100 professionals with the skills and relationships that will help customers accessing Asian markets trade more efficiently and reliably than ever before."
NYSE Philippines Inc. will continue to manage NYSE Technologies largest Service Desk, Infrastructure and Client Systems Monitoring, Connectivity and Operations Support, as well as a range of Development and Quality Assurance responsibilities.