Tradeteq sets up new office in Dubai

By Leandra Monteiro

Tradeteq, a leading technology provider for bank asset distribution, has selected United Arab Emirates as a base to service its clients in the Middle East, Africa and Indian subcontinent. The firm has incorporated an office at Dubai Multi Commodities Centre (DMCC), which it opened in January 2022.

Mattia Tomba, Head of Asia at Tradeteq, will manage the new Dubai office as well as continue running the firm’s Singapore office. Mattia has worked at Tradeteq for four years and previously worked for firms such as Qatar’s Sovereign Wealth Fund (Qatari Diar), Goldman Sachs Group and Bank of America Merrill Lynch.

Tomba commented, “The Africa, Middle East and South Asia region is expanding very fast economically, financially and demographically. We chose Dubai as it is well positioned to capture such growth, not only because of the location, but also because of the role it plays in developing new technologies, its excellent infrastructure and top talent. The new office is a key step in continuing our rapid global growth as we move to reduce corporate credit and trade finance transaction costs through cutting-edge trading automation technology.”