NeoXam, a global leader in Data Management, Performance Analytics, Portfolio Management, Reporting, and Reconciliation Software Solutions, has announced the opening of its new office in Melbourne, Australia. This strategic move underscores NeoXam’s continued commitment to supporting its growing client base in the Asia-Pacific region, enabling the company to serve clients around-the-clock globally.
NeoXam first established operations in Australia with the opening of its Sydney office two years ago. Since then, the company has experienced significant growth in Australia, fuelled by increasing demand for robust, scalable financial technology solutions that address the evolving needs of Asset Managers, Asset Owners, and Banks for Data Management, Regulatory Compliance, and Investment Operations.
The newly established Melbourne office marks a pivotal step in strengthening NeoXam presence in Australia, and further increases NeoXam’s ability to provide timely service and implementation support to clients in Victoria. This expansion also aligns with NeoXam’s model of offering localized expertise within a globally connected organization.
NeoXam Australia provides its clients with a unique offering of Investment Data Solutions (Data Management, Performance, and Client Reporting), which offer its clients a modular, non-intrusive approach to establish a unified Data solution for their Front-to-Back investment operations.
“This is an important milestone for NeoXam Australia,” said Tim Versteeg, Managing Director APAC of NeoXam. “We take a long-term view when working with our clients, and this new office is a major milestone in our APAC journey and demonstrates our deep commitment to serving our clients where they are, with dedicated, in-market teams who understand their challenges and can support our solutions locally.”
Daniel Joseph, Country Head for NeoXam Australia, commented: “We are experiencing a rapid expansion of our client base in Australia. Especially in relation to the recently announced Investment Data Management service partnership with BNP Paribas, we saw the need to open a second office in Australia, to be even closer to our clients, and the Asset Owner community in Melbourne”.
