Ortec Finance expands global presence with new Hong Kong office
Ortec Finance, expert provider of investment decision technology and solutions, today announced their continued global expansion with a new office in Hong Kong. The office will officially open in October 2017 with Mark Hoogendijk taking up position as Managing Director.
Fred Heemskerk, Head of Global Markets at Ortec Finance commented; ‘We are proud that Ortec Finance is increasingly recognized as an organization that provides high-quality and dependable solutions in the field of global asset management. Our presence in Asia has been growing for several years now and we have become an important partner to several large Asian institutional investors, insurers and asset managers, helping them to improve their investment decision making process. Opening a regional office underlines our growth and development and demonstrates our commitment to that market and our clients there. Mark has extensive experience in the Asian financial marketplace spanning the last 13 years and so is extraordinarily well placed to lead this new chapter.’
Hoogendijk commented; ‘We believe there is a great fit between Ortec Finance’s total value proposition and the needs of the Asian market. Our technology, and our framework for modelling future developments of assets and liabilities - powered by a unique economic scenario generator - enables our clients to analyze P&L and balance sheet consequences for various investment strategies resulting in more informed and better investment decisions. We expect our expertise and solutions regarding strategic asset allocation, asset liability management and risk and solvency management to be of particular interest to insurance companies, institutional investors and asset managers, and will also be keen to introduce our performance attribution solutions to them.”
Ortec Finance already has offices in Rotterdam, Amsterdam, London, Zurich and Toronto.
Full Biography for Mark Hoogendijk below.
Note to Editors: About Ortec Finance
Ortec Finance is a global provider of technology and advisory services for financial risk and return management, helping people to manage complex investment decisions. Established in Rotterdam in 1981, Ortec Finance has over 250 employees who combine mathematical ability, business awareness, and practical application to deliver innovative and pragmatic solutions. The company supports investment decision-making for institutional and private investors. Ortec Finance designs, builds, and applies solutions for asset-liability management, ex-ante and ex-post risk management, performance measurement and risk attribution, and financial planning. Its global and long-standing client base, totaling over two trillion dollars in assets under management, comprises leaders in the pensions, insurance, investment management and private wealth management markets.
About Mark Hoogendijk
Mark Hoogendijk has more than 15 years of working experience in the financial sector, 12 of which he spent within the investment banking divisions of ABN Amro, BNP Paribas & Credit Suisse. Hoogendijk is also the Managing Director and founder of E8 Consulting Asia ltd. He has 13 years of experience in Asia, working closely with insurance companies and pension funds in Hong Kong, Taiwan, Singapore, and Australia, understanding their needs and finding viable and suitable structured investment opportunities complementing their existing portfolios. His expertise lies within risk analysis of investment portfolios, and providing effective strategies to mitigate embedded risks through the appropriate use of derivatives and structured solutions.