ZE Announces Incorporation of ZEMA Singapore PTE Ltd.
ZE Corp. (ZE) announced today the incorporation of ZEMA Singapore PTE Ltd. ZE is taking this important step to better serve ZE’s growing client base across all time zones. The ZEMA Suite, ZE’s leading enterprise data management solution for energy and commodity markets, has been experiencing greater adoption by its clients in support of their global operations. As a result many of ZE’s global clients have operations in Singapore that will now benefit from the availability of local support.
“Singapore is a thriving hub for energy and commodity trading in the heart of Asia,” said Arnaud de Herrypon, ZE’s Director of Asian Markets. “Following the similar trend of North America and Europe, it creates a high demand for tools supporting trading and risk management. The regional players are growing in their maturity which is already illustrated by the higher number of ETRM implementations. We anticipate strong demand for ZEMA from companies struggling to collect, analyze, and integrate the rapidly growing data necessary to succeed in this highly competitive market.”
“ZE is hoping to emulate its success in both North America and Europe in what we see as the most important growth market in the world,” commented Dr. Zak El-Ramly, ZE’s CEO. “The strong interest in ZEMA and our recent signing of a major local utility is a clear indication there is significant demand in Singapore for ZEMA’s comprehensive global data coverage, and its ability to create sophisticated and dynamic models and generate complex derivative forward curves.”
Since 2007, ZE has grown to become the global leader in enterprise data management solutions and this is reflected by the ZEMA Suite winning Energy Risk’s Data Management House of the Year’ for an unprecedented five consecutive years.