Financial Risk Solutions (FRS) has opened its new Hong Kong office at the International Commerce Centre.
The new office marks FRS’s second foray into Asia, following the opening of its South East Asian headquarters in Malaysia.
FRS, which is based in Dublin, was joined by the deputy prime minister of Ireland, Simon Coveney, at the office’s opening.
FRS said it was expanding to match the growth in the life insurance industry in South East Asia.
Matthew Baldwin, head of Asia at FRS, commented: “It is a privilege for FRS to have the Tánaiste, Simon Coveney open our new Hong Kong office.”
“This marks a exciting time for the company as we expand further to service our clients in Asia’s thriving life insurance market."
Baldwin added: “Our Robotic Process Automation fund administration software has
been well received with regional life insurers.”
“We are extremely encouraged by this response in the large populous Asian markets, where pensions are a huge agenda point for both government and individuals making appropriate provision for their old age.”
