Herford, 23th May 2016, b-next, a specialist provider of capital markets compliance solutions, today announced plans to open an office in Singapore in the fourth calendar quarter of 2016. As regulatory mandates continue to harmonise globally, b-next’s planned expansion in Singapore will mark the next stage in its global growth and an extension of its physical presence in the world’s key financial centres including Germany, UK, US and now Singapore.
By establishing a presence in Singapore, b-next will aim to meet the growing needs of local market participants for solutions that cover all their capital markets trading activities, including conflict of interest management, insider trading, market abuse, across all asset classes and trading venues.
Glen Wilson, head of b-next’s New York office will be responsible for establishing the Singapore office and hiring local talent.
Wolfgang Fabisch, CEO b-next, said, “b-next is experiencing strong demand globally for its capital markets surveillance solutions, with notable interest in Singapore for our FX surveillance tools. We are supporting the changing regulatory world for global markets and will round-out our operations with the Singapore office, less than a year after launching in New York. With a strong presence on the ground in Europe, the US and in Asia, we are well positioned to meet demand for surveillance solutions in the world’s main financial centres.”