Traderforce, a provider of on-demand trading and market data solutions for the financial community, announced this week the opening of a new office in Hong Kong’s Bank of China Tower and new recruits for its Singapore office to better serve existing clients and develop the distribution of its buy-side product suite in Asia-Pacific.
Traderforce allows the buy-side community to combine market data, broker-neutral execution services, algorithmic trading and risk management in one application, says the firm.
Traderforce first set up in Singapore in 2006 and serves Asian investment management firms in Hong Kong, Taiwan and Singapore.
Louis–Bertrand Jeannerod, currently head of sales and based in the headquarters in Paris, has been appointed Asia-Pacific regional manager and will be in charge of all Asian development. Jeannerod will be based in Singapore and reports to Simon Haslam, COO, Traderforce.
Traderforce says it is also reinforcing its technical infrastructure in Asia. After a recent upgrade of the existing Singapore data centre in September, the firm is building two new data centres in Hong Kong and Tokyo, offering global coverage spanning US, European and all Asia-Pacific markets sourced by Interactive Data's real-time solutions.
"Our increased cross-functional staffing, data content and functionality illustrates our commitment to the growing Asian market," comments Simon Haslam, chief operating officer, Traderforce. "We are committed to providing the same level of service and support as we roll out further client sites with our Asian based clients," he adds.