Information Mosaic Expands US Operations to Support GrowthBy Information Mosaic, PRNE
Tuesday, September 28, 2010
New Hires Include Industry Veteran Douglas Jeffrey to Lead US Expansion
LONDON and NEW YORK, September 29, 2010 - Information Mosaic, the global provider of post-trade
automation solutions, has announced the significant expansion of its US
operations to support existing market demand for the automation of post-trade
operations. As part of the expansion, the company has made two senior hires
in the New York office. The addition of Douglas Jeffrey as President,
Americas and Andy Seaman as Senior Vice President, Business Development
brings over 40 years' combined experience in the industry to Information
With extensive experience of managing large operations,
Douglas will be responsible for managing the US expansion and building a
multi-disciplinary team to round out key functions such as support and
professional services. He brings over two decades of financial services
expertise from within the US banking and financial technology sector, having
held management positions for organisations including Merrill Lynch,
Interactive Data Corporation, Reuters, SWIFT, Moneyline Telerate and most
recently Netik LLC.
As SVP Business Development, Andy is responsible for developing and
driving new business sales to support Information Mosaic's offer to multiple
sectors. Andy joins Information Mosaic from Broadridge where he held a
similar role. Prior to this, Andy held senior sales, business development and
consulting roles in the financial technology industry with firms including
Reuters, Syntegra, Staffware and TIBCO Software.
"This is an exciting time for Information Mosaic in the US and
we are making a huge commitment to our operations there. We have a plan in
place to grow our team threefold and have all our key functions represented
in the New York office," said John Byrne, CEO, Information Mosaic. "Our
strategy has always been to recruit people with great insight into the
markets we serve across our entire business, from sales to development. This
enables us to work peer-to-peer with our clients at all levels - something
that we know our clients value in us. Both Andy and Douglas have strong
financial services backgrounds and bring with them invaluable experience and
knowledge of the US market. Douglas also brings practical experience of
managing large operations. They will be great assets to our expanding team."
As part of the expansion, Ivar Eilertsen, Director of Americas for the
past four years, will move into the strategic role of Vice Chairman,
Americas, where he will oversee the company's growth strategy. Ivar has
previously held senior roles with ADP (now Broadridge), Thomson Financial and
Bridge, in addition to Executive in Residence at a $20Bn Private Equity Fund.
"Ivar's leadership at Information Mosaic over the last four years has
helped us achieve our impressive growth rate. His new role will allow him to
oversee our growth strategy and use his considerable experience to ensure the
continued success of the US operations," John adds.
About Information Mosaic
Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities and investment services industry,
including custody, asset servicing, private wealth management, asset
management and investment banking. The company is a recognized market leader
for corporate actions automation, winning multiple awards for best corporate
actions solution and achieving record scores in independent benchmark tests.
Founded in 1997, Information Mosaic currently supports the post-trade
operations of over 60 financial institutions worldwide. The company has a
proven track record of helping financial institutions transform post-trade
operations, enabling them to enter new markets, improve customer service and
reduce the risk and cost associated with volume and complex processing.
Information Mosaic's breakless post-trade automation platform removes
reconciliation points and therefore reduces risk and cost for all core
post-trade services including corporate actions, securities settlement,
trade, portfolio and cash management.
The company supports its global customer base from offices in Dublin,
London, Luxembourg, New Delhi, Singapore, Melbourne and New York.
For more information visit: www.informationmosaic.com
Follow us on Twitter: @infomosaic
For further information contact: Amy Kester Metia Ltd +1-917-320-6451 firstname.lastname@example.org
For further information contact: Amy Kester, Metia Ltd, +1-917-320-6451, informationmosaic at metia.com
Tags: Information Mosaic, London and new york, September 29, United Kingdom, United States of America