Addepar sets up Asia-Pacific headquarters at Marina Bay

The office has warm, neutral tones with sage green and turquoise furnishings.

Addepar, Inc. has established its Asia-Pacific headquarters in Singapore as the New York-based wealth management software and data platform expands its regional team.

The company opened an office on Level 11 of Tower 1 at Marina Bay Financial Centre, formalising a presence it has maintained in Singapore since 2019.

Peter O'Brien, chief revenue officer at Addepar, said Singapore was chosen as the regional hub because of its proximity to clients and its role in supporting the company's data and artificial intelligence platform.

“Being in Singapore brings us closer to our clients so we can better understand their evolving needs, provide local support and continue investing in research and development that powers our data and artificial intelligence platform,” he said in an emailed reply to questions.

Addepar also received backing from EDBI, an investment arm of SG Growth Capital, which operates under the Economic Development Board and Enterprise Singapore, O'Brien said.

The Singapore office houses sales, client management, solutions and forward-deployed engineering, product and engineering teams.

O'Brien said the office was designed around communal spaces rather than traditional cubicles to encourage interaction among employees.

The office features Addepar's global visual identity, with a modern and minimal design, alongside local materials and a warm, neutral palette with sage green and turquoise furnishings.

O'Brien said the communal coffee bar is his favourite part of the office because it gives employees a place to gather informally.

The Singapore office serves as the base for Addepar's regional team and has room for more employees.

“We're continuing to invest in our team across the region and hiring across a range of roles,” O'Brien said.