SimCorp expands Singapore office with the appointment of Alan Ngu as Business Consultant

1 March 2007

SimCorp Asia announces today the appointment of Alan Ngu as Business Consultant. Mr Ngu’s career spans over 15 years within the finance and technology arena. He brings extensive experience to the role, having held positions both with solution providers and fund and asset managers, working with systems from the front to the back office.

Mr Ngu joins SimCorp from a four-year tenure at Prudential Fund Management Services during which time he was responsible for the roll-out of a front office system for the company in seven countries throughout the Asia Pacific region.

Prior to joining Prudential Mr Ngu was IT Project Manager for Overseas-Chinese Banking Corporation where he evaluated and selected a portfolio accounting and valuation system for the company, and managed the development of an insurance premium processing system.

Mr Ngu’s impressive track record of system evaluation and implementation also includes positions with DBS Asset Management, where he implemented and supported a front to back investment management system, and DST International, where, as Senior Consultant, Mr Ngu managed system roll-outs for a number of leading financial services providers.

In his new role, Mr Ngu will report to Per Bjoedstrup, Professional Services Manager, Singapore, utilising his extensive IT and business experience to implement and support the company’s market-leading investment management solution SimCorp Dimension.

Commenting on Mr Ngu’s appointment, Peter Hill, Managing Director, SimCorp Asia said: “We are delighted to welcome Alan to our Asian team. His experience of working both on the vendor and client side, means he is perfectly positioned to understand and respond to our clients' needs. We have increased our Singapore office by over 60 percent in the last six months alone which is a clear demonstration of our growing success in the region.”

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