Additiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations.

This strategic move reinforces additiv’s commitment to the region and positions the company to better support financial institutions in their digital transformation journeys, the firm said in a statement.

It is noted that Indonesia’s financial services landscape is being transformed by increasing digitalization, high internet penetration, and a supportive regulatory environment focused on promoting financial inclusion.

The country’s large population and growing middle class are driving unprecedented demand for sophisticated digital financial services.

The new office is strategically located in District 8, one of the largest and most luxurious mixed-use developments comprising premium offices.

It will serve as a strategic support hub for additiv’s Indonesian operations, enabling the company to better support its existing clients and partners while pursuing new opportunities in Southeast Asia’s largest economy.

The company also plans to expand its local team, drawing from Indonesia’s rich talent pool to support it growing client base in APAC.

“Indonesia is a key growth market for additiv in Asia Pacific, with its strong digital adoption rates and increasing demand for sophisticated financial services,” said Anurag Pandey, General Manager and Head, Asia Pacific at additiv.

“Our new office in Jakarta demonstrates our commitment to this dynamic market and our confidence in its continued growth,

“We look forward to working closely with local financial institutions to deliver innovative digital solutions that meet the evolving needs of Indonesian consumers and businesses,” he added.

Nils Frowein, Chief Executive Officer at additiv, said that the establishment of the firm’s Indonesian office marks another significant milestone in its global expansion strategy.

“As Southeast Asia’s largest economy embraces digital transformation, additiv is uniquely positioned to support financial institutions with our comprehensive platform solution,

“This expansion allows us to better serve our APAC clients while contributing to the development of Indonesia’s financial services ecosystem through our platform and deep expertise in financial services,” he added.

According to the statement, additiv’s expansion in Indonesia is driven by its mission to revolutionize the financial services industry through technology.

The company offers solutions for wealth and asset management, banking, credit, and insurance solutions on a single platform.

It uses a digital factory approach that includes omni-channel capabilities to accelerate distribution, self-service functionalities to improve customer experience, end-to-end digital processes to service the entire value chain, and artificial intelligence (AI)-driven insights and data to enable personalization.

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