Skip to Content

Saturday, September 21st, 2019

KB Asset Management Singapore Picks Eze Software

Closed
by December 28, 2017 General

New Offshore Fund Taps Eze Portfolio Management & Accounting For
Support

KB Asset Management Singapore Pte Ltd, the offshore asset management
subsidiary of KB Financial Group, has engaged Eze
Software
to set up its portfolio management and accounting
operations infrastructure to support its expansion plans. The firm was
set up as an offshore subsidiary of KB
Asset Management
to attract global investors with international
investment strategies. KB Asset Management Singapore Pte Ltd. is in the
process of setting up a new offshore long/short fund in the Cayman
Islands, set to launch in February 2018. The firm will be using Eze
Portfolio Management & Accounting
to support its operations.

“As we embarked on our aggressive growth plans, we wanted to partner
with a reputable technology provider that could support our growth
globally,” said BH Chung, CEO and CIO at KB Asset Management Singapore
Pte Ltd. “Eze Software has a long history of consistent performance and
service in the investment management market, and we are confident that
it will provide us with the scalability and flexibility we need to
expand.”

“We are excited to partner with KB Asset Management to help grow its
offshore business,” said R.G.
Manalac
, Managing Director, APAC, Eze Software. “Asset management in
APAC is experiencing tremendous growth, and end investors are
increasingly demanding from asset managers a solid technology
infrastructure for investment operations. We look forward to supporting
KB Asset Management in its efforts to create a scalable technology
operation.”

Since the beginning of 2016, Eze Software has signed on more than 40
clients in APAC, ranging from start-up managers with less than USD50
million in AUM to multi-billion dollar institutional asset managers. It
was also named “Best
Technology Provider – Innovation”
 in the 2016 HFM Asia Hedge Fund
Services Awards. The company has also continued to build out client
service support in Hong Kong, Singapore, Australia and Hyderabad.

About Eze Software
Eze Software is a global leading provider
of investment management software solutions designed to optimize
operational and investment alpha throughout the entire investment
process. Eze Software provides the platform for growth for the entire
investment management community, maximizing efficiencies across order
management, trade execution & analytics, portfolio analytics & modeling,
compliance & regulatory reporting, commission management, and portfolio
& investor accounting. For more than 20 years Boston-based Eze Software
has been driving innovation in financial technology. Today, Eze Software
partners with more than 2,500 buy- and sell-side institutions in 45
countries from their 15 offices worldwide. For more information, visit www.ezesoft.com.

About KB Asset Management
KB Asset Management is an
investment arm and a member company of KB Financial Group, the largest
financial conglomerate in South Korea. KBAM is one of the oldest and
most established managers in South Korea. The company provides
investment management services across all major asset classes and has a
wide range of investment products covering various geographic locations
and catering to the investment needs of a diverse client base, from
retail individual investors to sophisticated institutional investors
like pensions and life insurance companies.

Previous
Next