New updates have been reported about Addepar (ADDEP)
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Addepar, a leading technology and data platform for investment professionals, has announced the opening of a new office in Geneva, marking its fourth location in Europe and the Middle East. This strategic expansion highlights Addepar’s commitment to enhancing its service offerings to clients in these regions, building on longstanding relationships with family offices, private banks, and investment firms. The choice of Switzerland, a renowned wealth hub, allows Addepar to strengthen its connections with both new and existing clients, addressing the increasing demand for modern, integrated technology solutions driven by regulatory complexities and evolving client expectations.
The Geneva office adds to Addepar’s established presence in London, Edinburgh, and Dubai, enabling the company to better serve over 1,300 firms across more than 50 countries, managing assets exceeding $8 trillion on its platform. Addepar’s investment of over $100 million annually in research and development ensures continuous innovation, providing clients with automated workflows, enhanced data accuracy, and AI-powered predictive insights. This expansion is part of Addepar’s broader strategy to equip investment professionals with advanced solutions, including portfolio reporting, billing, and cash flow forecasting. Peter O’Brien, Global Head of Growth and Partnerships at Addepar, emphasized the company’s dedication to supporting global investment professionals with high-touch service and sophisticated insights. The Geneva office not only reinforces Addepar’s global network but also underscores its role in shaping the future of the investment industry.