FRS expands to Asia 01 December 2017Hong Kong Reporter: Stephanie Palmer
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Financial Risk Solutions has opened its first two offices outside of Europe, in Hong Kong and Malaysia.
FRS software industrialises investment operations for asset managers and life insurance firms, leading to better efficiency, reduced risk and easier scalability.
The move follows research into strategic growth in the region, including meeting with asset managers and life insurance firms throughout Asia, over 18 months.
Peter Caslin, founder and CEO of Financial Risk Solutions, commented: “This has been an exciting year of growth for FRS in terms of new geographies.”
He added: “FRS has met with many of our regional colleagues through events across Asia. Our reputation for market-leading software solutions has resulted in numerous new relationships, and we look forward to expanding our service to our Asian partners”.
Matthew Baldwin, head of Asia for FRS, added: “The ongoing success of FRS is underpinned by our commitment to technological innovation.”
“Our Invest|Pro fund administration software enables automated processes, controlled by comprehensive rules and exception reporting. It also includes oversight modules with a specific focus on Asian market requirements.”
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