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GRESHAM COMPUTING EXPANDS PRESENCE IN ASIA PACIFIC
Gerrit Franzen joins Gresham Computing as Asia Pacific Sales Director
LONDON / KUALA LUMPUR – 20 March 2007 – Gresham Computing plc, the real-time financial solutions specialist, is expanding its operations in Asia Pacific with the opening of a new Malaysian office and the appointment of Gerrit Franzen as Sales Director for the region. Franzen’s appointment will enable Gresham to build on its successful reseller and implementation partnership with Wall Street Systems, better support its business in the region, and further promote Gresham’s Clareti suite of solutions to Asian banks and corporations.
Franzen will be responsible for all sales and customer relationships in the region and will report into John Pankhurst, Gresham’s managing director for the Asia Pacific. Franzen’s key objective is to expand the team of banking and treasury sales specialists to represent both Gresham’s flagship real-time financial solutions and Wall Street Systems’ treasury, trading and settlement systems.
“We are pleased to have Gerrit join our management team and this is further evidence of our commitment to the Wall Street Systems’ product portfolio, our local customers and the region,” said Pankhurst. “Gresham is investing heavily in the Asia-Pac region and this senior hire adds strength to our extensive expertise in treasury and payments. Gerrit will enable us to build new revenue opportunities for Gresham’s proven technology solutions while also leading our already successful relationship with Wall Street Systems.”
Gresham has established itself in Malaysia as a key integration partner for Wall Street Systems, the leading provider of global treasury, trading and settlement solutions and services. Under the agreement, Gresham provides the implementation of Wallstreet BackOffice, Wallstreet FX, Wallstreet Treasury and Wallstreet Suite, a versatile treasury and cash management system for financial institutions and corporates. The two companies count Petronas, the largest oil company in the region, as a joint client.
Franzen will lead the expansion of Gresham’s newly opened offices in Kuala Lumpur and will look to drive business growth for Gresham’s real-time financial solutions, including the flagship Clareti Cash Reporting Service, a global solution for SWIFTNet Cash Reporting. The firm has also invested in appointing local partners and sales agents in Singapore and Malaysia to increase market penetration.
Of his appointment Franzen commented, “Gresham has a proven track record as an integration specialist working with some of the largest banks and corporates in the Asia Pacific region. The strong partnership with Wall Street Systems will enable us to create significant growth opportunities and I am looking forward to building my team further while helping the firm to continue its momentum in this region.”
Franzen, who will be based in Sydney, has extensive knowledge of the Asian banking and finance industry and counts more than 30 years experience in technology, sales, senior management and directorship roles. He has excellent knowledge of the issues facing bankers today and the benefits that real-time information can bring to both the asset management and payments arenas. Prior to taking the role at Gresham, Franzen held senior sales and management roles at Barclays Bank Australia, NCR, CA, Oracle and SAP.
Franzen’s hire follows the recent announcement in February 2007 that former Expand Consulting managing partner Gary Gibbs has joined Gresham as executive vice president for North America.
Gresham will be exhibiting at the Asian Banker Summit 2007 in Jakarta, Indonesia, on the 25-28 March
About Gresham Computing plc
Gresham Computing specialises in delivering real-time financial solutions. Gresham develops and implements software solutions for banks and corporates, as well as integration and storage solutions. Many of the Global 500 choose Gresham to help improve their competitive edge and bottom line performance in some of the most challenging market sectors. Gresham Computing plc is listed on the London Stock Exchange (GHT) and has offices in Europe, North America and Asia Pacific.
About Wall Street Systems
Wall Street Systems has a 20 year heritage and track record of providing treasury and high performance transaction processing software to the world’s leading financial institutions and corporations. The company has an outstanding reputation for quality and responsive service, and prides itself in helping its clients achieve long lasting benefits and results. Wall Street Systems is best known for providing functionally-rich, integrated and scalable solutions, which improve workflow, control and overall productivity. The company is the market leader in foreign exchange trade processing and is widely recognised for its global back-office solutions. Its award-winning and popular Wallstreet Suite and Wallstreet Treasury products are used by leading organisations around the world.
Wall Street Systems has 473 employees servicing over 300 banking, corporate and central bank customers, operating out of 12 offices worldwide. Our software processes millions of transactions, aggregating to trillions of dollars every day. Wall Street Systems is a privately held corporation, which is majority owned by Warburg Pincus, a global private equity investor.
For more information, contact:
Iman Asante
Metia
+44 (0)20 3100 3500