Linedata Confirms Commitment to APAC Region With New Office in Singapore
March 27 2023 - 2:30AM
Business Wire
- Strong demand for Linedata services in APAC region since
2005
- Ability to service Singapore-specific Variable Capital
Company (VCC)
- Opportunity to enter new segments and fulfil needs of a
unique market
Linedata (Euronext Paris: LIN), a global provider of credit and
asset management technology, data and services, announces today 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.
“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.
“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.
ABOUT EIGHTSTONE
Established in 2009, Eightstone is a wealth management company
based in Singapore. We offer comprehensive and independent
solutions to high-net-worth individuals, families, professional
sportspersons and institutions. Services include discretionary
managed accounts, a full suite of investment funds, including
private equity, and family office services. Our Singapore-based
company provides a customised one-stop solution platform for
families with multigenerational wealth transmission while our
office in Switzerland supports the administrative and lifestyle
needs of international families. https://www.eightstone.com/
ABOUT LINEDATA
With 25 years’ experience and 700 clients in 50 countries,
Linedata’s 1100 employees in 20 offices provide global humanized
technology solutions and services for the asset management and
credit industries that help its clients to evolve and to operate at
the highest levels. Headquartered in France, Linedata achieved
revenues of EUR 172.7 million in 2022 and is listed on Euronext
Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg
LIN:FP. linedata.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230326005017/en/
Press inquiries Aurélia Szymanski Head of Communication
Tel: + 33 6 63 72 94 14 Email:
aurelia.szymanski@se.linedata.com
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