Sophis, a provider of portfolio and risk management solutions, continues to expand with the hire of Ian Evans to the newly created position of sales director for the Middle East, responsible for business development. 

The French vendor recently relocated to new offices in Dubai's International Financial Centre to accommodate its team, which has doubled in size over the past year. Sophis now has six clients in the region across investment banking, asset management and investment trusts, including Arqaam and TNI (The National Investor).

Based in Dubai for the past 10 years, Evans joined in July from Thomson Reuters Risk Management, where he was business manager for enterprise solutions. His hire brings Sophis's team up to seven in the region.

Evans has 25 years of experience in the financial software market, spanning business development, financial management and software delivery. He began his career as an IT manager responsible for implementing commodity trading systems, then undertook various roles with Tibco, Reuters and finally Thomson Reuters Risk Management.

Sophis also recently opened an office in Beijing and plans to do the same in Australia, and last month launched its first ASP offering.