Published On: Fri, Oct 22nd, 2010

Information Mosaic Expands Asian Operations

Information Mosaic, the global provider of post-trade automation solutions, has appointed James Wayne as Director of Sales, APAC, and opened a new office in Kuala Lumpur to complement existing offices in Singapore, Melbourne and New Delhi. Based in Singapore, James brings over 20 years experience in the financial technology sector to the company.

As Director of Sales, James will be responsible for Information Mosaic’s business development initiatives throughout Asia, expanding Information Mosaic’s customer base in the region as well as building the regional sales team and introducing Information Mosaic’s solutions to new sectors and geographies. Prior to joining Information Mosaic, James held similar positions at a number of financial technology companies including Thomson Reuters, Fiserv and SunGard.

The new office in Kuala Lumpur has been established to provide local support to financial institutions in Malaysia. It is Information Mosaic’s fourth office in the region, a response to the increasing demand there from custodians, asset managers, wealth managers and investment banks for automated asset servicing and securities processing solutions.

“Information Mosaic has a great proposition for the markets in Asia,” says James Wayne, Head of APAC, Information Mosaic. “With international fund managers increasingly focused on opportunities in emerging markets such as India, China and Indonesia there is a great opportunity for regional and domestic custodians specialising in these markets. But of course with fragmented clearing and settlement processes there, they need to be looking at new ways to reduce the associated risk and cost of securities processing and asset servicing.”

John Byrne, CEO at Information Mosaic, said: “This is an exciting time for Information Mosaic in Asia. We already have over 120 people based across the region and see a lot of interest in our solutions from both local and international firms. Our new office in Kuala Lumpur, providing local support to institutions in Malaysia, is testament to the success we are experiencing. With his extensive experience in financial technology and in the region, James is a great addition to our team. He has demonstrated real insight into the challenges our clients face.”

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