Celent Expands Presence in Asia

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15 April 2011
Tokyo, Japan

Celent, a Boston-based financial research and consulting firm, announces the expansion of its Asian Financial Services Group, with new offices in Seoul, Hong Kong, and Singapore.

After successfully launching our Asian Financial Services Group and Asia blog last year, Celent is pleased to announce the opening of new offices in Seoul, South Korea, Hong Kong, China, and Singapore. Celent already maintains offices in Tokyo, Japan, Beijing, China, and Bangalore, India.

“There is great growth potential in the Asian market, and I am pleased to announce that our international presence is expanding to meet increased demand,” says Neil Katkov, Senior Vice President, Asia for Celent. “Having an on the ground presence in six Asian markets will allow us to offer financial institutions and vendors more comprehensive coverage throughout Asia.”

“Celent is entering an exciting stage of its global expansion, and Asia is a critical part of that strategy,” adds Michael Harding, CEO of Celent. “We are committed to serving the growing needs of our global client base and providing the best, most objective support for their business and technology decisions. This recent expansion is just one part of that commitment.”

KyongSun Kong is an Analyst in Celent's Asian Financial Services Group and is based in the firm's Seoul office. Her areas of expertise include mobile payments and other innovative financial services and delivery channels, retail brokerage, and the Korean financial services industry.
Previously, Ms. Kong worked as a translator, interpreter, and editor focused on financial services, including the banking, capital markets, and insurance industries.

Ms. Kong received her BA in British and American studies and intercultural studies from the Kyoto University of Foreign Studies. She is fluent in Japanese, Korean and English.

Wenli Yuan is a Senior Analyst in Celent's Asian Financial Services Group and is based in Hong Kong. Ms.Yuan’s area of expertise lies in the financial services industry in China and Asia. She is a leading analyst on insurance business and technology strategy in Asia and the author of many of Celent's reports on insurance, banking, and securities.

Ms. Yuan previously worked in Celent's Beijing office. Prior to joining Celent, Ms. Yuan worked as a business analyst in the insurance department of Hisun Tech and Global InfoTech successively. Previously, Ms. Yuan worked in the e-business department of Taikang Life Insurance Company, obtaining her FLMI qualifications from LOMA during this period.

Ms. Yuan received her BS from Peking University. She is fluent in Chinese and English.

Chermaine Lee is responsible for Business Development, Asia and is based in Celent’s Singapore office. She was formerly an analyst with Celent's Securities & Investments team. Her past experiences include internships with Akzo Nobel and Merrill Lynch in global markets sales and trading. Previously, her research and consulting focus was on direct market access, electronic equity options trading, and US and Asian capital markets structure developments, particularly advanced trading developments (e.g., algorithmic and high frequency trading).

Ms. Lee has a BSc in Economics from the London School of Economics and an MA from Columbia University.

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].