Horizon announces 10 years of success in Thailand
7 February 2019, Paris & Bangkok: Horizon Software (Horizon), the world’s leading provider of electronic trading and algorithmic technology, celebrates 10 years of successful operations in Thailand. The company has consistently ranked among the top vendors for the key local players in the region through its reputation for high performance and excellent customer service and support, as evidenced through multiple Asia-specific and global award wins.
With Bangkok as its regional headquarters since 2009, Horizon has focused on providing financial institutions with the most advanced trading systems, combined with regional and market-specific features. From its base in Thailand Horizon provides financial institutions across the ASEAN region, including countries with high potential such as Vietnam, Malaysia and Indonesia, with the benefits of its sophisticated trading solutions. During 10 years of successful expansion, Horizon’s Bangkok office has quickly become key to its global presence and instrumental in targeting growth across the ASEAN.
With strong, positive relationships with both the Thailand Stock Exchange and the Thailand Futures Exchange, Horizon looks forward to continuing its long-term commitment to the country and to building on its success. Horizon is particularly delighted to provide its Order and Execution Management System (OEMS) to Institutional Brokerage desks along with Market Making solutions to its Thai clients for issuing Derivatives Warrants. With an average daily value of nearly $180M and almost 1,800 Derivatives Warrants listed on the SET (Stock Exchange of Thailand), they are considered a big opportunity for investors.
Sylvain Thieullent, CEO of Horizon Software, commented: “Thailand is a unique market; we have adapted and tailored our solutions to its regulation and clients’ specific requirements. We strongly believe in this country’s tremendous growth potential and consistently provide a high-quality, efficient and timely service to support our clients. With over 20 ASEAN clients, Thailand is a crucial hub for our fast-growing APAC presence.”
He added: “The successful investment by Capzanine, the European Private Equity firm, along with an MBO, have really fuelled our global growth, not least across Asia. We look forward to another successful year and to continuing our work with emerging markets, helping them execute sophisticated trading strategies”
Adrien Mastronardi, Head of APAC Sales for Horizon, commented: “We have been working with a growing number of Thai Brokerages and Securities firms to implement our system for a decade now, which is testament to our commitment to being a leading technology provider regionally. Our aim is to provide cutting-edge technology that fits our clients’ needs, and excellent support to help them get exactly what they need out of our system.”
Horizon is a multi-award-winning company, and in 2018 was named ‘Multi-Asset Trading System of the Year’ at the Global Investor Asia Capital Market Awards, ‘Best Sell-Side EMS’ at the Intelligent Trading Technology Awards and ‘Best Trading System’ in the Bobsguide Software Rankings.