Financial services consultancy Capco opens office in Thailand, 6th in Asia

Global management and tech consultancy Capco has continued its push into the Southeast Asian market with the opening of an office in Thailand.

Following its Asia Pacific entry with the launch of a Hong Kong-based hub in 2014, Capco, a global management and technology consultancy dedicated to the financial services sector, has since expanded into Southeast Asia with the addition of offices in the financial centres of Singapore and Kuala Lumpur – to be joined now by the firm’s latest regional venture with an office in Thailand. 

The new office, to be based in Bangkok as the firm’s sixth for greater Asia (including spots in Bangalore and Pune) and 28th worldwide, will be headed by Jon de Potter, a Managing Principal with Capco who joined the firm last year after serving for five years as a Manager and then Director in Business Strategy with Accenture in Hong Kong.

Potter will lead the Thailand presence under the guidance of Neil Ramchandran, Capco’s head of Asia Pacific business (himself an alumnus of Accenture with a 13-year leadership stretch at the firm’s UK and German practices), who is responsible for client relations and growing Capco’s regional presence among a range of other roles – leveraging his expertise in financial services change, technology, offshoring and outsourcing.

“Thailand’s financial services market is evolving rapidly,” Ramchandran said of the firm’s latest move, “Our Bangkok office has been established in response to banks’ increasing investment in digital products and solutions, as well as their increased focus on Risk and Regulatory management. With our consultancy base in the region flourishing, we plan to aggressively expand the Bangkok office to serve our growing list of regional financial services clients.”

Founded in 1998, Capco, through its 4000 plus global professionals, provides complex technology integration, consulting, transformation and management services to the financial industry across the main sectors of banking and payments, capital markets, and wealth and asset management, as well as specialist offerings in the management of risk and regulatory change – an issue in Asia that, according to Big Four firm Deloitte, remains in some flux due to the rise of the ‘Tech-fins’ and increasing digital disruption.

Lance Levy, Chief Executive Officer of Capco, said, “Capco continues to expand in Asia to meet the growing demand from financial services companies for the services we provide - innovative solutions that help companies leverage technology to transform their businesses.”