Trading technology provider Fidessa has boosted its Asian operations by opening a new office in Singapore and appointing a new head of sales for Asia.
The Singaporean office, Fidessa's second Asian office after its regional headquarters in Hong Kong, will provide operational support to the firm's growing Asian client base.
Fidessa's new office will also complement its Singaporean network hub, which opened in May 2010 and provides access to its software-as-a-service trading platform.
The Singapore hub offers low-latency market data and a global liquidity network and is co-located with Chi-East, the dark pool joint venture between the Singapore Exchange and Chi-X Global, which started trading stocks listed in Hong Kong, Singapore and Japan on 11 November.
In addition, Emily Thomas, previously a member of Fidessa's enterprise sales team in London, has been appointed to lead the firm's Asian sales team from its Hong Kong office. She will be responsible for expanding the sales team across the region and will report to global head of sales Steve Barrow and Jean-Pierre Baron, managing director for Fidessa in Asia-Pacific.
“We have seen considerable success in the past two years in Asia having signed a number of clients to our trading platform and connectivity network from across the region and entered into significant partnerships with some of the area's key players,” said Baron. “Emily's appointment will play a critical role in growing the business and help build on recent successes in the region. At the same time, the new office in Singapore will extend our ability to support existing clients and allow us to continue to provide the consistent level of service that they have come to expect.”