Global consultancy Synpulse expands in the region with the opening of a brand new Taiwan office, eyeing onshore private banking opportunities from recent policy developments.
Synpulse will boost its North Asia presence with the opening of a new Taipei office, according to a statement, in an effort to be closer to clients to carry out «an increasing pipeline of large platform implementations» in the market.
«Taiwan is an important market for us. For the past few years, we have been operating remotely on our Taiwan projects, so to be able to officially open our physical doors here signifies a big milestone for us,» said Synpulse’s senior partner Salomon Wettstein.
«We look forward to building closer relationships with our clients and partners, and to working with them to drive the growth of Taiwan’s financial services industry.»
Taiwan Private Banking
The new office will look to support Synpulse's efforts to tap opportunities in Taiwan’s financial sector, particularly in private banking where regulatory changes – namely, the «Wealth Management 2.0» policy – are expected to enable local financial institutions to enter the private banking market and expand wealth offerings.
A number of local and international banks have been added to the client list, according to Synpulse, though no names or numbers were disclosed.
«We are extremely excited to hit the ground running and aim to take the next few months to build up our staff strength, actively hiring local talents to support our solid pipeline of projects,» Wettstein added.
