ConvergEx Launches New Office in Singapore for the Eze OMS

New York and Singapore - 2 November 2010

Strengthening Regional Presence and Meeting Growing Demand with Third Asian-Pacific Eze Office

ConvergEx Group, a leading technology company, today announced that it has further expanded its presence in the Asian-Pacific region with the launch of a new office in Singapore for its award-winning order management system, the Eze OMS™. The new office supports all aspects of Eze’s trading, portfolio management, compliance and operations tools.

“Our decision to open an office in Singapore reflects the firm’s commitment to this important market and we are very pleased to be able respond to the growing demands of investment managers in the region,” commented R.G. Manalac, director of Asia-Pacific Consulting at ConvergEx’s Eze Castle Software. “We have become known for our high level of service and efficiency of implementation and this new office enables us to grow our client roster while maintaining client service excellence.”

“We have been very impressed with the global and multi-asset class capabilities of the Eze OMS and we have come to appreciate its full front-to-back office offerings and compliance capabilities,” said Nick Cusack of Orchard Capital Partners Limited, an Asian-based client of the Eze OMS. “Our expectations have been greatly exceeded by their tremendous dedication to customer support and we look forward to working closely with them going forward.”

“This marks the third office Eze has opened in the region in the past two years. Since launching Eze offices in Hong Kong in 2008 and Australia in late 2009, we have been delighted to see widespread demand for our products,” said Andrew Sit, director of Asia-Pacific Sales at ConvergEx’s Eze Castle Software. “We are now supporting over three dozen hedge funds and traditional asset managers throughout Japan, Hong Kong, Singapore and Australia and this new office will allow us to be even closer to our clients.”

The award-winning Eze OMS leverages a real-time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading, and operations in a single platform.

ConvergEx is a leading technology company providing products and services to asset managers and financial intermediaries globally. Its products and services span the investment life cycle and center on the development, marketing and servicing of technology-based solutions that enable clients to achieve improved investment results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves more than 6,000 institutional clients in 100 global markets. Formed in 2006, the firm has over 1,000 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development