SaaScada, a cloud-native core banking platform, has announced the opening of a regional headquarters in Singapore as it moves to capitalise on rising demand across the Asia-Pacific (APAC) region for core banking modernisation.
The company’s CEO and co-founder, Nelson Wootton, will relocate to Singapore to personally lead the expansion, a move the company says underlines its long-term commitment to the market. The Singapore office will serve as the base for sales, partnerships and customer support across APAC, with plans to grow the regional team as demand develops.
SaaScada’s platform enables financial institutions to build and launch new features and products within minutes rather than months. It captures and stores every transaction as raw, real-time data, providing institutions with a single source of truth for regulatory reporting, management information and customer insight.
The company says this data foundation also positions financial institutions to adopt AI across their operations. Rather than offering a rigid, bank-in-a-box solution, SaaScada operates through API-led integrations as part of a best-of-breed ecosystem, giving institutions the freedom to select their own technologies, AI tools and partners.
The company is also participating in the 2026 Grow London Global trade mission to Singapore, having previously joined a 2025 Grow London mission to the region, which it says informed and reinforced its decision to establish a permanent base there.
SaaScada CEO and co-founder Nelson Wootton said, “Opening our Singapore office, and relocating to lead it myself, reflects just how serious we are about the opportunity across APAC.
“This is a region defined by ambition, pace, and digital adoption, but many institutions are being held back by core systems that make change slow, expensive and risky. The market is ready for a more flexible model of modernisation that allows banks to launch, iterate and scale without being locked into a rigid architecture.
“Ultimately, we give institutions the flexibility to adapt on their own terms, supported by a real-time data foundation that makes them ready for AI rather than locked out of it. I’m excited to be on the ground in Singapore, working alongside the businesses shaping the future of banking across the region.”
Deputy Mayor of London for Business & Growth Howard Dawber said, “I am delighted to welcome SaaScada on the Mayor’s trade mission to Singapore, and thrilled that they have successfully established a presence in the Singaporean market with their new office opening.
“Our trade mission brings together some of London’s most exciting fintech companies to build partnerships, exchange ideas, and unlock new opportunities for growth. Together, London and Singapore combine global capital, talent and ambition, and we want to continue building partnerships that accelerate innovation and drive long-term growth across both ecosystems.”
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