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Singapore-Based Canopy Opens Swiss Office

Singapore-Based Canopy Opens Swiss Office

Switzerland : Financial data company Canopy appointed a business development manager to lead the expansion in Europe. He is based in Switzerland and responsible for new markets.

Sinan Biren 160Sinan Biren (pictured left) is the new business development leader for Europe, Canopy said in a memo on Monday. Based in Switzerland he will be responsible for setting up the company’s recently opened Swiss office in the city of Zug, also know as Switzerland’s crypto valley. Biren will be working with Canopy’s clients in Switzerland and in other parts of Europe.

Complex Banking Relationships

Before Biren joined Canopy he was responsible for Business Development at M2Wealth international and has worked at various other technology companies focused on Financial Services such as Dell EMC and DealMarket. He holds a Masters Degree in International Business Administration from Bournemouth University.

«Like in Asia, High-Net-Worth Individuals (HNWIs) have complex banking relationships and need the holistic view of their investments that Canopy provides. With the recent release of Canopy Analytics in combination with our ability to process data from any source and any format we believe we have a significant edge over other providers in the European market,» Sharma added.

Funding From Credit Suisse

Almost one year ago Canopy announced it has raised fresh funding of $3.4 million from investors including Switzerland’s second-largest bank Credit Suisse as well as Lionrock Capital, as finews.asia also reported. The company, formerly known as Mesitis, is an anonymous account aggregation and analytics platform for financial institutions, wealth management professionals, and HNWIs.