just now
July 20, 2023 - DIGITEC, a leading provider of FX Swaps and NDF pricing and data solutions, has announced the opening of its new office in Singapore. The move is part of the company's global growth strategy, in response to a surge in enquiries from banks and trading desks in the region. The new office aims to bring DIGITEC closer to its Asia-based clients and to gain better access to the regional FX trading hubs.
The Singapore office will be helmed by Christopher Johnson, the newly appointed Head of Asia, tasked with leading new business efforts in the region. Johnson brings over 25 years of experience in FX sales and trading to the role. Prior to DIGITEC, he served as Head of eFX and G10 Spot Trading for APAC at BNY Mellon in Singapore. His past stints also include roles at LSEG/Refinitiv, UBS, WestLB, Raiffeisen Switzerland, and Credit Suisse.
Commenting on the new office, Peer Joost, CEO of DIGITEC, said, "With existing bank clients across Asia and a growing number of regional prospects, it is important for DIGITEC to have a presence in Singapore, which is fast becoming Asia’s regional hub for FX." Joost also extended a warm welcome to Johnson, expressing confidence in his ability to drive the company's ambitious growth plans in the region, citing his extensive experience and industry relationships.
Johnson is looking forward to expanding relationships in the region, saying, “As a previous user of DIGITEC, I have seen first-hand the value that D3 and SDF deliver to FX trading desks. With recent product launches like D3 Lite and future new products going live later this year, it is an ideal time to target new clients in Asia."
DIGITEC has a strong global client base, with over 40 bank clients, including more than 50% of the Euromoney Top 50 FX trading firms. The company's leading services include the D3 multi-asset pricing engine, Precious Metals Data Feed (PMF), and Swaps Data Feed (SDF), developed in partnership with 360T.
