METACO opens Singapore office amid rising digital asset demand
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METACO opens Singapore office amid rising digital asset demand 07 October 2021Singapore Reporter: Maddie Saghir
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METACO, a provider of security-critical software and infrastructure to the digital asset ecosystem, has launched its Asia Pacific (APAC) headquarters in Singapore.
Patrick Enjalbal, a former director at Singapore-based financial technology consultancy, Luxoft, has been appointed as METACO’s managing director APAC.
Martin Frick has also joined as senior sales advisor. Frick was previously the managing director of Temenos APAC, where he led operations for the banking software provider across the region.
METACO enables institutions to secure, trade, and manage any cryptocurrency or digital asset. As institutions expand their digital asset operations, they often need to work with multiple third-party self-custody vaults, sub-custodians and liquidity providers.
This creates institutional challenges in terms of security, and scalability, with a proliferation of access points weakening the end-to-end process, explains METACO.
As a digital asset orchestration system, METACO Harmonize provides the unifying governance solution to manage this complexity and mitigate the risks for institutional digital asset managers in working with various partner solutions.
Andre Israel, chief operating officer, at METACO, comments: “METACO continues to grow at a significant pace, and this expansion will enable us to cater to high levels of demand in the region, as well as continue offering best-in-class services to our existing APAC customers and partners.”
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Image: Kalyakan/adobe.stock.com 