Edge Technology Group has expanded into the Australian market as part of plans to provide IT managed services to the finance sector.
The business - headquartered in Connecticut, US - operates as a sector-focused consultancy and fully-managed technology managed services provider (MSP), with deep expertise across financial services.
Spanning cloud and cyber security, the provider has opened an office in Sydney to super-charge such growth, while also appointing Chris Schmutz as director of the local business.
With knowledge of the fintech space, Schmutz has previously held leadership roles at JP Morgan, SS&C Technologies and KPMG.
“Having known and admired Chris for a long time, I am thrilled to now have him leading this team,” said Emily Randall, managing director and head of Asia Pacific at Edge Technology. “His experience and understanding of the industry will be essential to the strategic expansion of our Asia Pacific presence.”
Without revealing details, Randall said Edge’s “anchor client” on the ground is one of the “world’s largest pension funds”.
“They have retained Edge to provide institutional-level IT services and support in the region and globally,” Randall explained.
Since launching in 2007, Edge has expanded its base to include pension funds, hedge funds, private equity firms, family offices and asset managers as customers.
“The decision to expand into Sydney was a logical step in our business growth strategy,” said Jim Nekos, managing partner and CEO of Edge Technology Group. “Our clientele is increasingly global in-nature and it’s critical that we meet them where they live to partner with them most effectively.”
Specific to cloud, Edge offers services across public, private and hybrid environments, backed up by security consulting offerings.
The business has eight locations across Asia Pacific, Europe and the US, including Singapore, Hong Kong, Sydney, London, New York, San Francisco, Austin and Greenwich.