Modelity Technologies Inc. announced today that it will be opening a local office covering the Asian market from Hong Kong. The new office will focus on extending Modelity’s business throughout the entire region, particularly Hong Kong, Singapore, and Korea.
Modelity will be partnering in Asia with Belatos, leading distributors and supporters of financial application software throughout the region.
Belatos is led by its founder Dr. Didier Joannas who also acts as the Managing Director and Mr. Arnaud de Herrypon, the Managing Director for Belatos in South East Asia. Prior to joining Belatos, Dr. Joannas served as Sales Director-North Asia for Thomson Reuters. He previously held the role of Regional Director for SunGard in Greater China. Prior to SunGard, Dr. Joannas was a Quantitative Analyst and Arbitrager for the fixed income desk of ABN AMRO Hoare Govett in the city of London. He holds a PhD. in Applied Mathematics from the University of Saint-Etienne, France. Arnaud de Herrypon is Managing Director for Belatos in South East Asia. Arnaud was most recently Managing Director/ President of SunGard Global Trading Japan. Arnaud holds a Master in International Business from the South Bank University of London.
“The market for structured products is still growing throughout Asia, and together with Modelity we can provide an increasingly powerful offering to exploit increased demand” said Dr. Didier Joannas, Managing Director of Belatos. Eran Elad, VP Sales at Modelity, added “We are continuing to improve our technology, as we become an increasingly global player outside our base in Europe.”