AQMetrics, a platform is used by fund managers and asset service providers to help them manage all their investment rules, performance, risk and reporting requirements, has opened a new office in Singapore.

In an announcement on Friday, AQMetrics said it is looking to forward to helping Singapore firms automate and simplify their MAS OTC reporting.

There are also plans to expand into Hong Kong and other Asian hubs in the coming years, according to the announcement.

«Asia-Pacific is fast becoming a new hotbed for regtech and the next natural step in our expansion strategy was to bring our industry-leading regtech platform to the region,» Geraldine Gibson, AQMetrics CEO, said.

Growing Headcount

«We’ve seen huge interest in a single platform to deal with investment rules, regulatory risk and reporting and so we’re looking forward to expanding further,» said head of sales Darell Miller, who recently moved to Singapore to spearhead the company's growth in the region.

AQMetrics is headquartered in Dublin Ireland, with offices in London, Paris and New York. It recently announced plans to double its headcount to support its rapid growth and new product development.