This week, we opened our first international office in the Philippines, taking on two local developers to support continued growth and expansion into Asia. The new office is located in Makati, Metro Manilla – the country’s financial and business centre.
Driven by a vision to make wealth creation simple and more accessible to all, Chelmer CEO Alin Ungureanu says the expansion is an important step in the company’s growth and will give more people the opportunity to create and accumulate wealth.
"Our business has gone from strength to strength and put us in an exciting position to grow our business and share our technology with the world" he says.
"With a similar technology profile and infrastructure to New Zealand, the Philippines’ financial markets and growing economy offered a prime opportunity to expand into Asia."
Chelmer have been working with partners in Asia to give Philippine banks access to Chelmer’s leading-edge technology.
With growing interest in the tech and particularly fintech, Alin says a dedicated office and development expertise on the ground was the next logical step.
"We're committed to developing long-term relationships with our clients and partners, and recognised that having a local presence was going to be important. This will enable us to collaborate more effectively on projects, and better understand and respond to the market's evolving needs."
Andy Robertson – Chelmer Chief Innovation Officer says the two new developers will focus on enhancing Chelmer's front-end user interface and working directly with local clients to deliver customised solutions.
"To be competitive in this market, customisation is key" he says. "Solutions that are flexible, easy to integrate, address specific needs, and add value are high in demand. This is something our teams and technology can offer and will drive how we design and deliver solutions for our Philippines clients."
The new office is located at 110 Legazpi Street, Makati City, 1229 Metro Manila.
Q&A with Alin Ungureanu – Chief Executive Officer
13 November 2019
Alin's passion for technology, strategy and leadership has seen him work in a range of industries and roles throughout his 20-year career. We chat to Alin about his career and his plans for Chelmer's future.
Chelmer software to evolve the Trust business model
21 August 2018
Chelmer technology is evolving the traditional trust business model towards new models that provide on-going value-added services to investors.
The future of asset allocation: TOAP 2018
16 July 2018
Chelmer were pleased to attend the Trust Officers Association of the Philippines (TOAP) Summit in Boracay.