/ Case Study
Altios Helps Finantix Open Subsidiary in Singapore
When Finantix expanded its operations in Singapore, it sought Altios’ expertise in early-stage expansion to set up its subsidiary. A decade later, Altios continues to provide administrative and financial services.
Summary
Background
Finantix provides specialised software solutions for wealth management, insurance, and private banking industries around the world. The firm’s innovative digital products aim to integrate seamlessly with clients’ current platforms.
Headquartered in Luxembourg, Finantix has offices in key financial markets, including London, Singapore, Sydney, Toronto, Hong Kong, Geneva, and Tokyo.
Challenge
“As a software company serving global clients, we need to be agile when we spot business opportunities, new technologies, and innovative solutions for our customers,” continued Masieri.
Global expansion meant that Finantix needed a trusted partner to provide administrative and financial services to their international offices.
“Our go-to-market strategy is to be close to our customers, which means we look for the best approach when opening a new office in a key market,” continued Masieri.
For Finantix, this often means relying on in-country partners to help run and provide ongoing administrative services for the local office.
When Finantix decided to open an office in Singapore, they partnered with Altios due to the firm’s presence and experience in the major markets.