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Cyprus-based software developer InfoScreen announced today (November 12) that it has opened its Southeast Asian regional headquarters in Hong Kong.
The company is a key provider of corporate service administration software solutions in European markets and is looking to tap into new opportunities in Asia. InfoScreen's clients include corporate service providers, specialist fiduciary firms, groups of companies and wealth management firms.
The Operations Director of InfoScreen Ltd, Mr Stelios Iakovides, said, "Hong Kong's fast growing corporate services and fiduciary industry, the common law-based legal system and access to other growing regional markets were key considerations for us in selecting the city as our starting point in the region.
"Hong Kong acts as a two-way platform for companies from overseas to enter the Mainland and for Mainland enterprises to go global. Corporations and high net-worth individuals are increasingly looking for safer, less risky ways to preserve and manage their wealth and look to expertise found in Hong Kong. This fuels demand for the type of services corporate service providers and wealth management offices offer in the city which provides us with a lot of opportunities," he added.
To understand more about the market in Hong Kong and the region, InfoScreen has already sponsored several key events related to wealth management and the corporate services industry. The company is also working closely with other software vendors in Hong Kong to facilitate integration with its flagship software, Quorum.
The Associate Director-General of Investment Promotion, Mr Charles Ng, welcomed the InfoScreen set up in Hong Kong. He said, "With the global economy remaining flat, companies like InfoScreen are coming to Asia to look for opportunities, and Hong Kong is their preferred destination as we offer one of the most reliable and familiar business environments for global investors. I believe that InfoScreen will quickly settle in Hong Kong and expand its horizons through using Hong Kong as its regional headquarters."
About InfoScreen
Established in 1995 in Cyprus, InfoScreen is a software developer for the corporate services and fiduciary industry, providing highly specialised and industry-driven products to its clients around the world. Apart from its Cyprus base and Hong Kong regional headquarters, InfoScreen also has a presence in Malta and Serbia. For more information, please visit www.quorumcentral.com.
About Invest Hong Kong
Invest Hong Kong (InvestHK) is the department of the Hong Kong Special Administrative Region Government established in July 2000 to take responsibility for foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As at September 2, 2013, InvestHK had completed 3 000 investment projects creating 33 950 new jobs in the first year of operation or expansion and over HK$78.6 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit www.flickr.com/photos/investhk/sets/72157637544892385/.
Ends/Tuesday, November 12, 2013
Issued at HKT 13:10
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