AQMetrics Announces Asian Expansion with New Singapore Hub
Dublin, Ireland, 02 December 2021- AQMetrics, a world-leading regulatory technology company, today announced the opening of its new office in Singapore, continuing the company’s global expansion.
The AQMetrics platform is used by some of the largest fund managers and asset service providers in the world to help them manage all their investment rules, performance, risk and reporting requirements.
With the unveiling of its Singapore office, AQMetrics can now offer reporting to the Monetary Authority of Singapore (MAS), empowering forward-looking Singaporean firms to automate and simplify their MAS OTC reporting. There are also plans to expand into Hong Kong and other Asian hubs in the coming years, according to the Irish technology firm.
“Asia-Pacific is fast becoming a new hotbed for RegTech and the next natural step in our expansion strategy was to bring our industry-leading regtech platform to the region,” said Geraldine Gibson, AQMetrics’ CEO. “It’s great to see such strong support from regional governments, and we’re thrilled to be working with Enterprise Ireland and others in the region.”
Kevin Ryan, Director of Enterprise Ireland, the trade agency of the Government of Ireland said, “Enterprise Ireland were early backers of AQMetrics and are proud to see them expand to Asia Pacific with the opening of their office in Singapore. AQMetrics is a highly innovative technology company that I know will contribute hugely to the buyside and regtech industry in Singapore. Ireland is a global leader in fund domiciling and fund administration so it is no surprise we are producing companies applying cutting edge technology to this area.”
”By expanding throughout APAC, we’re not only supporting new customers in the region, but also helping many of our existing customers who have operations there too,” added Darell Miller, Head of Sales at AQMetrics, who recently moved to Singapore to spearhead the expansion. “We’ve seen huge interest in a single platform to deal with investment rules, regulatory risk and reporting and so we’re looking forward to expanding further.”
In addition to Singapore, AQMetrics has its headquarters in Dublin Ireland, with offices in London, Paris and New York. It recently announced plans to double its headcount in order to support its rapid growth into the global market and new product development.
