With Asia Margins Too Thin for Comfort, Logica Shuts Down Singapore Office
VENDOR STRATEGIES
Logica, the UK-based systems developer and integrator, is closing down its Singapore office and consolidating its regional operations in Kuala Lumpur, while deemphasising its wholesale bank systems business across the region. Logica's Singapore-based wholesale banking clients will be supported from its existing office in the Malaysian capital, as well as from the vendor's Hong Kong office.
Peter van Es, managing director for Logica Asia Pacific, says that Logica has decided to reduce the amount
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