Multi-asset class and real-time data and research provider S&P Capital IQ has opened an office in Singapore to provide regional exposure for its trading solutions offering, QuantHouse.
The Singapore team will include software and business developers, along with network and production staff.
With the establishment of the Singapore presence, buy- and sell-side firms can receive QuantFEED low latency services for US and European markets as well as local support for QuantFACTORY and QuantLINK solutions. In time, European and US clients will receive QuantFEED technology for next generation feed services into the Asian exchanges, including Japanese proprietary trading system Chi-X Japan.
"QuantHouse has established a strong presence across several major financial centres, which now includes Asia for the first time," said Pierre Feligioni, managing director of global real time products at QuantHouse. "Servicing clients and delivering unparalleled customer service remain our top priorities. Given our growing client base in the region and the increasing demand from new and established players, Singapore was the most appropriate starting point for us to provide firms, with local expertise and support."
As part of this year's expansion efforts, the firm is also looking to set up offices and hire staff in Hong Kong, Tokyo and Australia.