SmartStream on hiring spree
Friday, 15 August 2008 12:45pm
SmartStream Technologies is on the hunt for top tech talent as the transaction management firm casts its focus on growing its Australian base.
SmartStream, whose clients in Australia include industry heavyweights AMP, ING and Vanguard Investments, appointed Richard Cummings as regional director for SmartStream's Asia Pacific operations in June - and he's sparing no expense to beef up the Australasian team.
"Tech firms often don't see Asia as a place to invest talent. We see it as the biggest potential market for the next five to ten years.
"Take GDP growth for example - China is just below 10 per cent, Singapore and Australia at five to six per cent. Compare that to the US which is at 1 or 2 per cent if you are lucky, so we are looking to hire across the board … we are going to be one of the highest recruiters of recourses in Asia," he said.
Cummings has already mapped out a recruitment strategy which includes hiring sales staff and professional services employees. The firm currently has nine staff in Australia and New Zealand, but is looking to double or triple that in less than six months.
SmartStream, he said, was also looking for domain experts to deliver the firm's products and services, including cash and liquidity management, treasury confirmations and trade process management which will be rolled out locally in the coming months.
AMP and ING currently implement the firm's TLM Reconciliations software, while Vanguard is using the TLM Corporate Actions solution - a streamlined, automated software for event processing.
Ruth Liew
