First Derivatives is expanding its consultation division in to Australia, building on its existing Sydney office.
The software and consultancy service provider offers technical expertise in the delivery and management of technologies within the capital markets industry.
It advises on the likes of kdb+, Calypso, Murex, Summit, OpenLink and Wall Street Systems, offering strategic reviews of both day-to-day operations and larger demands like regulatory and compliance obligations.
The expansion of the Sydney office will build on First Derivatives’ reputation in Australia, built through the implementation of its custom based market surveillance system for the Australian Securities and Investments Commission.
It has also deployed its Delta Surveilance software to Yieldbroker, an electronic marketplace for Australian and New Zealand debt securities and derivatives.
First Derivatives’ consultancy service already has more than 600 consultants working with more than 100 clients around the world.
Director Bill Dowling said: "We are excited about the opportunities that the expansion of our consulting division to Australia will bring. It allows us to accelerate our growth plans in the region by leveraging the group’s global presence and expertise in consulting and vendor services technologies. We look forward to bringing our experience and know how, allowing us to build upon our success to date.”
“We believe that our capabilities in application services and managed services, as well as market surveillance, will further address demand in the market today. Capability through deep subject matter expertise, capacity through cost effective teams and focused managed services, this is what our clients are asking for in today's tough market. We have the ability to deliver against this."
