Linedata, a global provider of credit and asset management technology, data and services, announced the opening of its new office in Singapore, strengthening its presence in the APAC region following a strong increase in businesses’ needs.
Leaning on its large portfolio of clients within the alternative institutional wealth segment, the new Singapore office will enable Linedata to reinforce its existing product suite offering, combine technology and services and tailor them to the needs of the Singaporean market, the statement said.
“After months of analysis and market research, we chose Linedata due to their innovative technology and history of servicing clients in Asia. It will be key in adding efficiency and scalability to our investment management process. We look forward to leveraging Linedata’s technology to help us grow our clients’ wealth responsibly,” commented Chiara Bartoletti, COO at Eightstone.
Linedata’s state-of-the-art technological solutions are well suited to the Singaporean financial market and can support its suite of investment fund structures, such as the Variable Capital Company, the statement said.
“We are looking back at 15 years of strong customer relations in the APAC region. In Singapore, we have supported many large clients in their long-term development. In recent years we have seen an increase of interest in our solutions and our new Singaporean office will give us the ability to do even more locally and offer innovative solutions specifically designed for this unique market and its needs,” added Sally Crane, Managing Director at Linedata Asia.
Linedata’s strong existing presence in the APAC region, in Hong Kong and in India, makes its expansion to Singapore a key priority of its continued development strategy. Linedata plans to recruit new talent and skills for the Singaporean office rapidly to support existing and new clients, according to the statement.
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