MoneyMate Expands North American Operations With New Boston OfficeBy Moneymate, PRNE
Tuesday, February 8, 2011
Appointment of Stephen B. Kraunelis as SVP of North American Sales
BOSTON and NEW YORK, February 9, 2011 - MoneyMate, a leading provider of investment data quality management
solutions, today announced the continuing expansion of its operations in
North America with the opening of a new office in Boston. MoneyMate has also
appointed industry veteran Stephen B. Kraunelis as Senior Vice President,
North American Sales. Mr. Kraunelis will be based in Boston.
With 20 years of experience in investment markets, Mr. Kraunelis will
spearhead the company's growth plans within North America and head up the
Boston office. As SVP of North American Sales, he will be responsible for
partnering with key mutual fund clients and solidifying MoneyMate's presence
in North America, capitalizing on his strong skills in sales, strategic
partnership and relationship management.
Prior to joining MoneyMate, Mr. Kraunelis held key strategic positions in
sales and client services within financial services. Most recently, Mr.
Kraunelis was SVP of Global Sales at Publishing Data Management where he was
responsible for new business development and relationship management in the
mutual fund industry. Prior to Publishing Data Management, he was the Senior
Account Executive for GComsquared Solutions and Senior Sales Manager at FT
Interactive Data. Mr. Kraunelis has also held senior strategic roles at Chase
Manhattan Bank, Brown Brothers Harriman, and the Mutual Fund Service Company.
He began his career at State Street. Mr. Kraunelis graduated from Boston
University with a B.A. in Economics.
Mr. Kraunelis said, "I'm excited to join MoneyMate. I truly believe that
the company has a unique value proposition in North America and a
state-of-the-art solution. I'm looking forward to contributing my experience
and insight in the asset management industry to help take our North American
business to the next level."
With an office already in New York, MoneyMate is opening a second North
American office in Boston, the hub of the asset management industry in the
US. By having a local presence in Boston, MoneyMate is even better positioned
to service regional clients. The new offices are located on Federal Street,
in the heart of Boston's financial district.
"We are delighted to have Stephen on board and to be expanding our
presence in North America," commented Paul Fawsitt, CEO of MoneyMate. "We are
seeing real changes in the market in North America, particularly with the
imposition of regulatory controls around data quality management. As an
increasing number of organizations are realizing the importance of data
management, we are looking forward to helping our customers get in control of
their data and achieve faster time to market with accurate and consistent
MoneyMate is a specialist provider of investment data management
solutions to the global asset management industry. Our experience over almost
20 years of collecting, validating and delivering
investment data to international markets, combined with our deep
technology expertise enable us to deliver data management solutions which
offer significant strategic value and returns to our partner clients.
MoneyMate is headquartered in Dublin, Ireland, with offices in London, New
York, Boston, Milan and Stockholm. For more information, please visit
Catherine O'Reilly, VP Marketing, Tel: +353-1-6716911, Catherine.oreilly at moneymate.com
Tags: Boston And New York, February 9, Massachusetts, Moneymate, New York