MSCI Inc, a New York-based provider of investment decision support tools, will accelerate its expansion in China in order to capitalize on the country's fast-growing financial market, Henry Fernandez, chief executive officer of MSCI said on Monday.

The company will add more employees and significantly expand their client base in China in the near future, Fernandez said at a news briefing in Beijing.

MSCI serves its Chinese clients by providing indices, risk and return portfolio analytics, and corporate governance tools. MSCI indices are used by some of the largest asset owners in China such as China Investment Corporation, the sovereign wealth fund of China, according to Fernandez.

MSCI also serves two of China's State-owned banks by providing tools for risk management and analytics. The Chinese qualified domestic institutional investors (QDII) are also the key clients of MSCI in China.

The number of its clients in China has increased by more than 60 percent to more than 200 since then, according to the company. The company opened its first office in China in 2005 and it has more than 180 employees in its offices in Beijing, Shanghai and Hong Kong.

MSCI owns more than 60 percent of the market share in China by the number of the QDII funds and more than 90 percent of market share by the value of assets under management of the QDII funds, according to Fernandez.

"We are also using our presence in China as a platform to provide services to the world," he said.