Encompass Corporation has launched Hong Kong operations to supports growth across East and South East Africa.
The expansion comes after experiencing increased interest in its automation solutions from East and Southeast Asia in response to know-your-customer (KYC) requirements across the region.
As part of the Hong Kong expansion, Encompass has appointed Alex Oxford as head of sales for Asia to lead the sales drive in the region. Oxford will report directly to Paul Charmatz, managing director at Encompass.
Oxford has worked at various organisations across the Asia Pacific region within the business technology and data industry.
Paul Charmatz, managing director global sales at Encompass, said: “Across Asia, governments are focused on strengthening and enforcing regulation to ensure the region's central position in the global financial system.”
“Regulated firms are now seeking to address the increasing burden of performing KYC by using automation to dramatically improve efficiency whilst ensuring compliance with bank policies. encompass leads the field in this. We are delighted that Alex Oxford has joined us to lead our continued growth in the region.”
Commenting on his appointment, Oxford added: “I am passionate about driving uptake of robotic automation to speed up and drive efficiencies in the KYC process for banks across the region. The compliance technology market in Asia is growing at a pace as banks seek to balance regulatory burden with a frictionless customer experience.”
“I look forward to helping the team at encompass capitalise on the opportunities here with a solution that drives collaboration and delivers a robust system built upon leading technology.”
