Encompass Corporation, provider of industry-leading visual information management technology to the insolvency and restructuring sector, is to invest over £2.2 million opening a new office in Glasgow’s financial services district creating 21 new jobs. The investment is being supported by Scottish Enterprise through a Regional Selective Assistance grant worth up to £357,000.

This marks the start of a planned period of expansion for the company across the UK and other international markets including the United States. In line with this, Encompass is relocating members of its senior management team to the new Glasgow office.

Alex Ford, Head of Marketing for Encompass, who will relocate from Sydney to the new Glasgow office comments:  “We recognise Glasgow as a city focused on achieving its key objective to become a tech hub and smart city. We plan to use the grant to bring in highly-skilled staff from the rich local talent pool and take advantage of the city’s strong culture of innovation and cutting-edge research and development and capitalise on new commercial opportunities.”

International sector head for financial services at Scottish Enterprise, Sharon Hamilton, said: “Encompass’ decision to set up its first UK and international base in Scotland is testament to our strong financial services sector and reputation for world-class research and development and technological innovation.  Scotland is already home to a number of world-leading companies servicing financial markets, and our high performing, innovative and productive sector makes it the perfect location for Encompass to base its international operations.