Accurate Software has opened a new office in the Rockerfeller Centre in New York, which is headed by executive vice president Gary Gibbs.
Gibbs joined Accurate in 1999 to set up the company's North American headquarters in Atlanta, Georgia.
The vendor says it opened the new office to meet increasing demand for its operational risk management software, Accurate NXG, in the North American marketplace.
Accurate says it achieved 36% growth in the fiscal year ending March 2003 and figures for the first six months of the fiscal year ending March 2004 demonstrate a 38% growth rate. Its US clients include financial services firms such as JP Morgan Chase, International Finance Corporation and Ruesch International.