Global financial services consulting firm Capco has announced that it is going to move its Hong Kong-based team to a larger office, to match the growing demand for its services and capitalise on future growth opportunities.
Earlier this year, in February 2014, consulting firm Capco decided to open an office in Hong Kong to strengthen its global reach throughout the Asia-Pacific region, specifically in Hong Kong and Singapore. The expansion allows Capco to better serve the needs of global and regional financial institutions operating in the Asia-Pacific countries, and complements its already strong presence in India.
Hong Kong expansion
In the last months, the Hong Kong office, which serves financial institutions in the region, has booked strong growth. The team, which is expected to reach the 100 FTE mark by the end of 2014, consists of professionals with local, regional and international expertise. “There is no doubt that clients in Hong Kong and the Asia-Pacific region value the deep industry expertise we hold in the crucial areas of regulatory compliance, client data and infrastructure. These are qualities that are increasingly appreciated by clients who are looking for a partner who really understands their business,” says Peter Schurau, CEO of Capco Europe and Asia-Pacific.
To meet the growing demand for its services and capitalise on future growth opportunities, Capco has recently decided to expand its Hong Kong operations, and last week the firm announced concrete plans to move to a larger office. The new office will be based in the same street as the old office (Queen's Road Central) in Hong Kong. "Since we opened for business in Hong Kong, we have been hiring vigorously. We will continue to do so, and offer employees one of the most vibrant working environments in the industry. The very best people will be at the heart of our expansion,” says Neil Ramchandran, a Hong Kong-based Partner .