openPR Logo
Press release

Ascent Expands Global Footprint with Toronto Region Office Opening

09-18-2020 04:47 PM CET | Associations & Organizations

Press release from: Ascent

Ascent Expands Global Footprint with Toronto Region Office

Toronto, September 17, 2020: Ascent, a Singapore-headquartered SaaS, AI, and ML-driven company, offering fintech products that have revolutionized the operational efficiency and quality standards of many leaders in the banking and finance industries, has announced the expansion of its North American operations into Toronto. This marks the company’s entrance into the Canadian market and a strategic decision, given the opportunity to leverage the Toronto Region’s talent pool and strong financial services sector.

With a deep understanding of the global economy and markets, Ascent ensures that its clients stay ahead of the seismic changes brought by the rapid development of cutting-edge fintech. The company enables this through a host of different innovations, leveraging its considerable expertise in the worlds of machine learning and AI. Ascent serves clients throughout North America, Asia, and the Middle East, including some of the world’s largest financial institutions, including Kotak Bank, ICICI Bank, Abu Dhabi Islamic Bank, Bank Dhofar, Doha Bank, Burgan Bank, Emirates Global Aluminum, and HCL.

Ascent plans to establish its office in the Toronto Region as the company’s Sales and Delivery Centre to service clients in North America, with a long-term vision toward growing its presence and team in Toronto. The region offers a large and diverse talent pool, with skill sets specialized in the convergence of financial services and technology.

“The Toronto Region has emerged as a North American leader in fintech,” said Toronto Mayor John Tory. “I’m thrilled that Ascent will call Toronto home, to leverage one of the most educated and diverse workforces in the world, create jobs for our talented residents and contribute to regional economic recovery and growth.”

Throughout the company’s expansion, Ascent worked closely with Toronto Global, a team of experienced business advisors assisting global businesses to expand into the Toronto Region, as well as with the Trade Commissioner Service in Atlanta, Georgia.

“Ascent’s success is attributed to its cutting edge research, innovative business solutions, and impeccable customer service,” said Kundan Shekhawat, President, and CEO of Ascent. “While we were exploring a North American expansion, choosing Toronto was an easy decision as our newest location. A few parameters which helped us in this decision were the region’s availability of talent, cost of operations, the access to key markets, and ease of conducting business here.”
Known for his dynamic leadership style, Kundan Shekhawat has recently relocated to the Toronto Region to build the company’s new office, with a focus on enhancing competitiveness, profitability, customer focus, partnership, branding, corporate values, and governance. He has wide experience in financial services and extensive expertise in Product Development Engineering, strategy, and management. With a career spanning 20+ years, his vision was the one that carried Ascent through its successive stages of growth.

Ascent Business Technology Inc.
One Liberty Plaza, 165 Broadway,
23rd Floor, NY 10006,
USA
Media Contact:
Shilpa Pradhan
Email: Shilpa.p@ascentbusiness.com
Contact No: +1 6467593669

Ascent’s vision is technologically revolutionizing the fintech industry through digitization, automation and optimized business operations making organizations cost-efficient and process-oriented. Ascent’s products are built on proprietary software designed and developed by experts with over 200 years of cumulative experience and expertise.

Ascent is a SaaS-, AI- and ML-driven powerhouse with various disciplines working towards a common goal of offering cutting edge research, innovative business solutions, and impeccable customer service. Technological leadership and business acumen are the cornerstones of Ascent’s earth-shattering, gravity-defying path to the future.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ascent Expands Global Footprint with Toronto Region Office Opening here

News-ID: 2137299 • Views: 1003

More Releases for Toronto

Replacement & installation of new doors in Toronto
Comfortec offers a wide selection of exterior doors, ranging from metal-insulated to fiberglass slabs. We offer wholesale prices and lifetime warranty from major manufacturers in North America such as Novatech, Masonite, Trimlite and Richardson. This means that you will receive the most competitive price on the market with a lifetime manufacturer warranty. Our licensed installers will install your door anywhere in the GTA. We use only Energy Star certified products, which
Zaluca.ca - Web Design Toronto
Zaluca.ca offers its web design Toronto to accomplish your professional needs. We are a web designer that caters to small, medium, and large businesses needing the required technologies for a perfect web design. We have the technologies and suitable tools that your company needs. We promise to deliver user-friendly websites that are not only attractive but reliable and efficient. We know what you aspire for your website to run online. To
MAX Agency Toronto Summer 2014
MAX Agency Toronto Summer 2014 is here and it is a very busy time for MAX Agency! Toronto, ON, July 17, 2014 - MAX Agency Toronto Summer 2014 is here and it is a very busy time for MAX Agency! MAX Toronto Modeling is entering the season with a very strong Toronto Model and Actor roster trained and ready to audition for major productions. I asked Max’s Assistant Booker about
GIA Conference in Toronto Wins Enthusiastic Followers
Participants at this year’s North American GIA Conference in Canada rated the learning and networking opportunities at the event highly, with a total score of 4.5 out of 5 on average. Held between October 22 and 24 at The 1King West Hotel in Toronto and organized by Global Intelligence Alliance (GIA), the annual strategic market intelligence event featured seasoned experts. Various leading global companies were represented, including Bennett Jones LLP, Best
Toronto Website Design Company - Developer4Lease.com Remains Competitive
Developer4Lease.com is a Toronto website design company that has proven its worth, many times over. Clients of the companies are uniformly thrilled with their service. Developer4Lease.com can keep those lucky enough to find this jewel of a Toronto web design company very happy indeed. The website of the company (www.Developer4lease.com) is a veritable source of all necessary information that a budding website owner would need to know so that the
MAX Agency Toronto is Rocking in the New Year with work for Toronto Models and T …
The past week at MAX Agency Toronto was extremely busy! With an outstanding number of auditions and bookings, its no wonder why MAX Models is one of Toronto’s leading Model and Talent Agencies! Toronto, ON, January 28, 2011 -- MAX Agency Toronto is Rocking in the New Year with work for Toronto Models and Toronto Actors! The past week at MAX Agency Toronto was extremely busy! With an outstanding number of