[By NBC-1TV H. J Yook]Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced continued momentum across Asia-Pacific in the adoption of its SPM suite, a set of solutions that manage the lifecycle of the sales professional to maximize sales effectiveness.

In the first quarter, Callidus signed one of the largest universal banking franchises in the ASEAN, and in the second quarter, a leading pan-Asian insurance group with a strong presence in over a dozen Asia-Pacific markets. Callidus has now signed five multinational financial services companies that collectively reach over 90% of the population in this region, in less than a year.

“The dynamic, competitive nature of the Asia-Pacific insurance and financial services market means businesses need to control and quickly adapt large-scale sales channels across regions to capitalize on changing market trends,” said Jimmy Duan, Senior Vice President, Asia Pacific and Latin America, Callidus Software. “The Callidus suite is gaining momentum in this high-growth region because of its unbeatable combination of control and adaptability, enabling businesses to drive growth without compromising their sales agility. Callidus’ ability to deliver the scalability and flexibility required to support multi-region and multi-channel sales strategies means it is the solution of choice in the market."