The new base in Paris, will provide accommodation for LatentZero sales, support and training operations in the region, and will give the company a platform for further pan-European growth according to Sales Manager, David King, who heads up the French team.
"LatentZero has some of the most advanced front office solutions for asset managers in the market today. Sentinel, our pre-and post-trade compliance tool is fast becoming the software of choice for European asset managers," said King. "Due to the companyâs increasing demand in Europe, the new office provides us with a centre to service and support our European customer base and enables us to pursue new business opportunities on a local level."
He added: "Our investment in Paris is going to be matched by a rapid growth in our European profile and the conversion of some key European business. Opening this office shows our commitment to further growth and closer working relationships with our current and future clients in this region."
LatentZeroâs revenues have increased at over 100 per cent year over year since it was founded in London in 1999. In addition to its new Paris office, it has sites in Boston, New York and a presence in Hong Kong and Singapore.