CYMBA Technologies establishes local presence in Africa

London - 21 August 2013

CYMBA strengthens its footprint in Africa by establishing local office

CYMBA Technologies Limited, a leading supplier of business software solutions for the Asset Management, Multi Manager and Hedge Fund communities, today announced it has established an official presence in West Africa to support its growing number of leading African Investment Management Institutions, across the entire region.

Based in Lagos, Nigeria, the operation will take responsibility for regional marketing, sales, implementation and post implementation support. This operational base will also be responsible for "first line of defence" from a support perspective, with "second line of defence" available from the CYMBA Headquarters based in London, UK.

“This step is of strategic importance to CYMBA, its local Partners and its growing number of Athena IMS clients across the region. We have worked very closely with a number of leading Buy Side Institutions over the course of 2013 and the new operation will serve as a local hub from which all of our African clients will benefit. The move also solidifies our commitment to the region to both our existing and prospective clients. We are very excited about this development and look forward to a continued presence in Africa as a whole”, said JP Cunningham, Co-Founder and Partner at CYMBA.

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