Backstop Solutions Group, a provider of cloud-based solutions for the institutional investment community, has expanded into the Asia-Pacific region by opening an office in Hong Kong.
The new facility, which is the firm’s sixth office, is part of Backstop’s continuing growth in the US, Europe and Asia. The company already has offices in New York, San Francisco, Chicago, Los Angeles and London.
Backstop also appointed Steve Au as director of institutional sales for APAC region. He has an experience of over a decade in multicultural sales and management.
He formerly held senior sales and management roles at Charles River Development and Eze Software Group in the APAC region.
“The firm’s new location in Hong Kong, which is a global financial hub growing every day, gives us a crucial foothold in the region to widen our existing suite of global offerings. I am excited to lead this expansion, and am eager to see what it brings for Backstop in the future,” Au said.
Backstop CEO and founder Clint Coghill said: “We are thrilled to have Steve on board, as he brings an expert understanding of the Asia-Pacific investment management industry.
“As demand for high-quality operational infrastructure in the APAC region continues to grow we want to be well-positioned to serve these key markets during this time of transformational growth. Steve’s role in our new Hong Kong office is a cornerstone of this plan.”