NewswireToday - /newswire/ -
Singapore, Singapore, 2010/06/14 - With a view to accelerate its revenue growth momentum in the Asia Pacific region, ANALEC announces the opening of its regional Business Development office in Singapore.
ANALEC also announces the appointment of two executives that are joining the company to be responsible for the business development efforts, based out of Singapore.
Nick Barlow joins ANALEC as a senior business development executive, with over 9 years of business development and customer acquisition experience. Nick started his career with Societe Generale in the UK, working within the capital markets business in structured product sales. Nick over the last few years has worked for a UK financial lender, in a business development role focussed on customer acquisition for their consumer loans business. Back in 2009 Nick relocated to Malaysia and has spent the last year within a financial advisory firm based out of Kuala Lumpur. Nick holds a BSc (Honours) degree in Management from Loughborough University (UK). Nick is a British national.
Varun Vijan joins ANALEC as a business development executive with over 6 years experience in sales and business development. Varun has spent the last 6 years in a sales and business development role within the Banking & Financial Services space selling various software and other IT-enabled solutions to customers in India. Varun joins ANALEC from Geodesic Limited in Mumbai. He holds an MBA with a specialisation in marketing. Varun is an Indian national.
With ANALEC expanding its product footprint and consequently its addressable market, the investment in the sales organization is strategically important to accelerate revenue growth over the next few years. With its present product portfolio of ANALEC ResearchWise, RW-Lite, ANALEC ClientManager; and the July 2010 launch of ANALEC ModelViewer, ANALEC is poised to make significant progress in the market place over the next few years.
Commenting on the recent appointments, ANALEC’s CEO – Indy Sarker – stated, “Our efforts to invest in the next phase of our growth and expansion continues with the coming on board of Nick and Varun. Together they bring a formidable skill set to bring greater momentum on the customer acquisition front at ANALEC. Asia remains a significant opportunity for ANALEC and its products and services, with over US$20.0 bn paid in stock brokerage commission annually in the market place. With the impending launch of ANALEC ModelViewer, we intend to play a greater role in re-shaping the investment research and analytics landscape, when it comes to speed, quality and costs associated fundamental investment decision-making.”
ANALEC’s stable of products and associated services have an addressable universe of over US$ 6.0 bn per annum globally. While the market place for broker-dealers and investment research service providers has been challenged on a number of fronts over the years, ANALEC remains focussed on becoming the change agent of choice within its addressable customer base, thereby helping its customers to remain competitive within an evolving industry landscape.
ANALEC – Singapore Representative Office
9 Temasek Boulevard
31st Floor, Suntec Tower 2
P: +(65) 6559 5343
ANALEC (analec.com) is a specialised proprietary software-led service provider to the investment banking and investment research industry. It leverages its deep domain knowledge of the investment research and investment banking industry to develop and deploy enterprise level software-enabled business process solutions, addressing very specific organisational issues and challenges within investment research and client servicing functions. Under its remote delivery model, ANALEC offers its customers the option to remotely manage and deliver a range of services. Founded in June 2003, ANALEC brings together over 80 years of leading expertise in investment research, investment banking and software development and deployment.