(Right)CMS Chief Executive Officer Ralph Horne briefs InvestHK's John Rutherford on the company's new products in the firm's regional HQ in Hong Kong

The Chief Executive Officer for CMS, Ralph Horne, said that the company found Hong Kong an attractive place for its business development in the region. "CMS was attracted to Hong Kong for a number of reasons - the market size and number of large scale international and domestic financial institutions, the demand for new software technology and the ease of doing business in Hong Kong."

Headquartered in Melbourne, CMS specialises in providing software and services to stockbrokers, investment banks and investment/asset managers in Asia-Pacific and the UK.  Hong Kong is an important base from which the company has grown its business operations into Asia.

According to Mr Horne, the current team in Hong Kong provides a range of support and consultancy services associated with its software products. The company's expansion will allow it to identify opportunities outside of Hong Kong and serve clients in the region.

Mr Horne said: "The management team and staff of CMS are strongly committed to this region's capital markets and are dedicated to providing our customers with the highest quality products and services.  We have created a new asset management division to target fund managers, and are launching new products in the Hong Kong market.  CMS is seeking to grow its market share here, especially among international and domestic financial institutions."

Capital Market Solutions Limited is a leading provider of software and services to financial institutions primarily in the Asia-Pacific region. With offices in Australia, Hong Kong, Malaysia, New Zealand and the UK, CMS employs approximately 100 staff with extensive working knowledge and experience within the financial services IT industry. 

The Associate Director-General of Investment Promotion at Invest Hong Kong,  John Rutherford, said, CMS involved two of Hong Kong's key business sectors - IT and Financial Services - and their success here has encouraged them to run their regional business from here. 

"Technologies and skills brought by the company will further enrich our existing IT cluster, and enhance the competitiveness of our financial sector," said Mr Rutherford. 

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