Financial data services provider Netik has opened an office in Hong Kong, marking the start of the firm's strategy to build a presence in Asia that will complement its existing centres in New York and London.
Hong Kong will serve as the firm's headquarters in the region. The new office will be led by Brian Rooney, who has been appointed as senior vice president, Asia-Pacific. Rooney will assume responsibility for the Hong Kong office and all commercial operations in the Asia-Pacific region. The role will also see Rooney building the staff in this region across sales, service and support. Rooney comes to Netik from data management firm GoldenSource, where he was regional sales director for Asia-Pacific, based in Hong Kong.
“Our presence in the Asia-Pacific region is critical in our strategy of repositioning Netik as a leading global provider of information management and delivery solutions for the buy- and sell-side,” said Rob Flatley, CEO and president, Netik.
Netik has stated that its move is motivated in part by incoming regulation such as Basel III, which encourages financial firms to invest in risk management and reporting systems that provide greater transparency and ensure their compliance.