FRSGlobal has announced three key appointments in the Asia-Pacific region. Stephen Thurley has been named vice-president for Asia-Pacific and Japan; Shawn Paul has been named director for professional services and product development; and Bob Suvan has been named vice-president for global business development.

FRSGlobal provides global risk and regulatory compliance reporting solutions. The firm is solely dedicated to regulatory reporting and supplies financial organisations worldwide with an independent and multi-country regulatory reporting platform.

ôThe regulatory demands upon the banking industry are increasing on a daily basis worldwide and will be accelerating in Asia-Pacific, hitting businessesÆ financial, knowledge and people resources,ö says FRSGlobal CEO Steve Husk, noting that the new roles in Asia reflect expectations of more business opportunities form this region.

Based in Singapore, Thurley heads up the Asia-Pacific team. He joins from Calypso Technology where he also looked after the region. Previously, he was a sales and marketing director at financial information systems provider Fiserv CBS.

ôFinancial reporting in Asia-Pacific is gaining a great deal more attention and scrutiny from the authorities and this is expanding our business dramatically,ö Thurley notes. ôI have been in Asia-Pacific 15 years and there is now certainly more activity in the regulatory and compliance area.ö

Paul û who notes that a strong Asia-Pacific strategy will be key to the growth of FRSGlobal û was a founding member of software provider Calypso Technology, where he worked on projects in Australia, Japan and Singapore. More recently, he helped to open strategic new accounts for the company in Dubai and India.

Suvan will oversee the growth strategy in global markets from this region. He was involved with several high-growth technology firms in Europe including Sybase and Cambridge Technology Partners. He joins FRSGlobal following more than five years at Hewlett-Packard where he oversaw the growth of the services business for HPÆs EMEA Financial Services corporate accounts.