Horizon Software Bolsters APAC Presence with New Singapore Office

On Thursday, Horizon Software, which provides technology in the financial services industry, announced the opening of a new office in Singapore. Additionally, the company has a presence in France, Canada, Hong Kong, China and Thailand.

The location of the new office is strategic, aiming to bolster the sales of the company in the Asia Pacific region. The company already has five clients located in Singapore and is expecting a growth in APAC clients.

“We are proud to officially announce the opening of our new office in Singapore, as a result of a remarkable growth in the region,” said Horizon Software’s CEO, Sylvain Thieullent.

The offerings of Horizon include technology solutions in market making, agency trading and algo trading Algo Trading Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo Read this Term.

The purpose of the new office is to focus on client service, support regional growth traction and increase the company’s visibility in the region.

“Horizon has always been a customer-centric business, with solid and out-of-the-box financial solutions. We want our clients to have the best possible experience and with the opening of the new office, we will be able to meet the growing needs of our clients in APAC more efficiently, while providing them with the highest level of service,” Thieullent added.

The APAC Financial Hub

Singapore has established itself as a financial hub. Thus, companies within the financial services industry are finding added incentives in establishing a base in the city-state. Earlier, Tools for Brokers opened a Singapore office to strengthen its position in the region.

On top of that, Horizon decided to move its ASEAN sales manager, Michael Lim from the Bangkok office to Singapore to strengthen the position of the new office.

“This is a very exciting step for Horizon Software after being present for more than 20 years in APAC,” said Emmanuel Faure, Horizon’s Head of Sales in the APAC region.

“We have been working very closely with SGX and the Singapore financial community, and this move will allow us to answer all our client needs, from market making to algo trading and order management in the region.”