Avaloq Sourcing Asia Pacific has expanded its team with the appointment of Andre Di Prospero as head of risk and compliance and Matthew Thoms as head of technology in Singapore.

Avaloq Sourcing Asia Pacific, a subsidiary of Swiss-headquartered Avaloq Group, has made two senior hires. The firm has brought in Andre Di Prospero as head of risk and compliance and Matthew Thoms as head of technology at its Singapore-based business process outsourcing team.

Di Prospero was previously senior global technology and operations auditor at Deutsche Bank Singapore, where he held regional responsibility for its private wealth and asset management arm and private business clients in Asia.

Thoms joins after 15 years with Barclays, where he was director of Asia technology. As head of Avaloq practice and global client reporting at Barclays Wealth for Singapore and Hong Kong, he used Avaloq as the core wealth management platform. In his new role, he will work on enhancing efficiencies and scalability through Avaloq technologies.

“They bring with them over 22 years of leadership experience in the wealth management space and will be of great benefit to our clients and instrumental in helping to drive the business,” said Anantha Ayer, chief executive at Avaloq Sourcing Asia Pacific.