Funds management systems and management consultancy CSTIM is being rebranded as Morse, in line with the UK parent company, as it expands its presence in the Asian region.

CSTIM established an Australian company, with partners Ian Perkins and Philip Hope, in 2005. While it was already a member of the Morse group of companies, it has traded as CSTIM until the end of last month. Meanwhile, CSTIM Australia has established offices in Sydney first, followed by Melbourne and Singapore. It has 11 staff in Australia and three in Singapore. Perkins said yesterday that the rebrand as Morse reflected the international expansion and also the ability to offer IT advice and infrastructure consulting on top of CSTIM’s traditional applications and management consulting business. He said Morse was employing more people in the region and was confident of doubling staff within the next 12 months. Most of the new people will be employed in either Singapore or Hong Kong, reporting in to the Australian operation. “We will be able to better leverage the full Morse client base,” he said.