How Simudyne follows its clients into every market — without compliance complexity slowing them down

Built to go where the problem is

Simudyne builds simulations — highly accurate models of real-world events used by some of the world’s biggest financial institutions to stress-test portfolios, model systemic risk, and prepare for rare, high-consequence events.

Simudyne’s clients — major banks and financial institutions — often need help deploying the technology. The work is complex, and bridging the gap between the product and a live implementation requires people who understand both sides. Simudyne’s answer is a model borrowed from Palantir: forward deployed engineers who sit with the client, own the delivery, and make sure the solution lands correctly.

That model has a direct consequence for how Simudyne hires. “We follow where our clients are,” Patrick Murray, Simudyne’s CFO says. It’s not a preference — it’s the operating model.

Meeting the needs of a global team

For a company of fewer than 25 people, hiring compliantly across multiple jurisdictions is a significant undertaking. Contracts, pension obligations, payroll across borders, regulatory requirements that vary by country: none of it is simple, and getting it wrong carries real cost.

Before Multiplier, Simudyne’s global hiring was handled across a patchwork of arrangements. In the US, the team was growing but without the infrastructure to support proper employment relationships long-term — particularly as the company wanted to start offering equity and attracting more senior talent. In Hong Kong, a growing R&D team needed proper support. And senior hires coming from larger organizations expected the kind of structured, compliant onboarding that signals a company that has its processes in order.

The risk wasn’t just operational. It was reputational. “We wanted to be in a position where people are not feeling like this is a startup that doesn’t know any processes,” Murray says. “That doesn’t build confidence if you’re leaving a much bigger employer.”

UK pensions added a sharper edge to that risk. Pension compliance in the UK carries real regulatory exposure — and Simudyne had experienced it firsthand, with notifications arriving from the pension regulator requiring immediate action to avoid fines. It’s the kind of administrative pressure that falls hardest on small finance teams, and it sharpened the case for getting the right infrastructure in place.

The company evaluated a few options: Remote, Omnipresent, and Multiplier among them. The decision came down to the depth and breadth of the solution. The US and Hong Kong were the immediate priorities, and Multiplier could support both.

The platform layer also mattered — a single place to onboard, offboard, and maintain employee records in a way that would hold up to due diligence. “The ability to keep all of our employee records in one place, relatively well ordered and structured, in a way that will be compliant for due diligence going forward — that was a big tick for us,” Murray says.

One platform, three markets, sixty days

Nine UK employees moved onto Multiplier’s payroll. EOR arrangements went live in Hong Kong and the US. US contractors were onboarded. The Hong Kong setup finished before Murray left for a family trip to New Zealand, a personal deadline he’d quietly set for himself and didn’t expect to meet. “We looked to outsource pretty much everything we can,” Murray says, “that helped us to scale more quickly.”

What made it work was the structure. Everything Simudyne needed to provide came through at once, in a single data workbook rather than months of back-and-forth. “You know what you have to do,” Murray says. “You don’t have this long timeline of Q&A drawn out over weeks or months.”

Three years from now, Simudyne expects revenue of around 35 million and a headcount close to 50. Mainland China is likely next.

For a company whose growth depends on putting the right people in the right markets, that kind of access to global work isn’t a back-office function. Multiplier’s Global Exchange for Work is what keeps Simudyne moving. “We can move forward with confidence signing a contract,” Murray puts it simply.