Tools for Brokers, a provider of technologies in the trading industry, announced on Thursday the opening of a new Singapore office. It was the company’s strategic move to strengthen its presence in the Asia Pacific.
A presence in Singapore, which is one of Asia’s largest business hubs, will help the company to continue building relationships with its clients and regional partners.
With the latest presence in Singapore, Tools for Brokers is now operating from five global offices. The others are in Cyprus, Scotland, Russia and the United Kingdom.
“We are excited about the new office in Singapore,” said Sergei Gruzin, the Head of Business Development Asia at Tools for Brokers, who will be working out of the new Singapore office.
Bolstering Asia Business
He joined the trading technology company in 2017 and was promoted last July with additional responsibilities around the APAC region. On top of that, the company pointed out that Gruzin had been instrumental in growing the business and expanding into new markets, helping establish several new offices and onboarding local teams.
Gruzin added: “It is a very important financial center, and we want to ensure we’re available for face-to-face meetings with clients and partners. We believe the new office will support us in providing top-quality service to our local clients and will help us grow and achieve our goals. We are very excited about this new chapter for TFB, and we hope to see all our partners soon.”
Meanwhile, Tools for Brokers has strengthened its position in other markets with key appointments. Over recent months, the company promoted Lola Negmatova to Global Head of Partnerships, Ivan Egorov to Global Head of Sales, and Vahab Hasiri to Head of Business Development for MENA.
