State-owned China Reinsurance is the first mainland insurer to implement a front-to-back-office portfolio-management system, as it looks to diversify its investments.
Jean-STbastien Py takes on the new role in the Singapore hub and will target new markets in South Asia for the portfolio and risk software firm.
The portfolio and risk management software vendor has also moved to new offices in Dubai's International Financial Centre.
A new portfolio and risk management offering from tech vendor Sophis and JP Morgan will target small and medium-sized hedge funds.
Technology vendor Sophis has opened an office in Beijing and will do the same in Australia, following client wins in both countries and elsewhere in the region.
Investment in risk management technology is on the rise as securities firms feel the pinch of the global credit crunch, according to a survey by Sophis.