Irish Biometrics and Identity Software Company Hires for New Singapore Office
by Fintech News Singapore October 7, 2020Daon announced the appointment of Trilochan Sehgal as Regional Vice President, South East Asia, and the opening of a new office in Singapore.
The announcement affirms the importance of South East Asia to Daon and places the company in a position to respond to the growth of digital banking in the region.
In 2020, the company’s presence in Asia has already expanded to include significant new partnerships. In March, the company also announced a contract to deliver digital onboarding and mobile biometric authentication to Singapore based TONIK, Philippines digital bank.
New virtual banks like Standard Chartered Bank’s Mox in Hong Kong are also using Daon’s technology and are currently live in production.
Based in Singapore, Sehgal is an industry veteran with more than twenty years of experience in cybersecurity, including many years at IBM, where he led the identity and access management software business for APAC.
Tom Grissen
Tom Grissen, CEO, Daon said,
“Due to the importance of this region to Daon’s global business, we are embarking on significant expansion plans, including establishing a new presence in Singapore, in addition to our well-established presence in Hong Kong, and appointing a high-calibre, seasoned identity professional in Trilochan Sehgal to lead our business as Vice President of South East Asia.”
Daon’s solutions are deployed by leading financial institutions across the world. In Asia, Daon’s clients include Japan’s SMFG/SMBC, Standard Chartered Bank and a host of Hong Kong based banks as well as The Hong Kong Jockey Club, which uses Daon technology to enable engagement with its betting apps.
Trilochan Sehgal
“Digitisation efforts by many South East Asian customers have recently been fast-tracked, and Daon’s technology plays an important role in enabling these initiatives. Daon’s stellar track record with global customers, combined with Singapore, Malaysia and Thailand gearing up to open the industry to new players in virtual banking, makes for great timing to invest in the region.”
said Sehgal.
Daon is supported in its regional expansion by Enterprise Ireland, Ireland’s trade agency responsible for the development and growth of Irish enterprises in world markets.
