Fintech company TradeIX has opened a Singapore office, making two senior appointments in the city state.

Leon Scott (pictured) joins as head of Asia Pacific operations, while Eugene Buckley has been named business development executive for the region.

Buckley joins from Standard Chartered, where he was head of trade finance innovation and alliances. He has previously worked as an independent consultant and for PrimeRevenue, and is responsible for growing the client base.

Scott joins directly from PrimeRevenue, where he was a director for global capital markets. He has also worked for HSBC and DHL. Scott will oversee the delivery of all the company’s solutions and projects and is charged with growing its trade finance relationship base.

TradeIX is an open blockchain platform focusing on trade finance. It’s Singapore office is part of a global development plan, the company says in a statement. It is among the most high profile of fintech disruptors in the trade finance sector.

“Asia Pacific is one of the fastest growing regions in trade finance and our presence in Singapore is crucial for our current and future bank clients. The strategy of TradeIX is to continue our focus on expanding our client relationships in Asia Pacific,” Buckley says.

Scott adds: “We anticipate strong growth of our team over the coming year, allowing us to serve more clients while covering a larger part of the trade finance market.”