FinArch

Financial Architects grows to meet ever increasing demand

Ghent/London – June 10 2008. Financial Architects grows to meet ever increasing demand. Financial Architects, leading provider of Finance Resource Planning (FRP) solutions, today announces the appointment of Peter Baldwin as Vice President for Regional Development based in London.

Peter joins FinArch from Institutional Shareholder Services where he was responsible for the development of their top tier accounts but has spent the majority of his eighteen years in the City with Thomson Financial, culminating in a role as Global Account Director. Peter brings a tremendous amount of experience in the industry and is a highly respected and familiar face in the City.

Peter was attracted to FinArch because the senior team have a very clear idea of where the company is heading and know exactly what is required to achieve those goals. He feels that the depth of the relationships the FinArch team has with its clients is most impressive. “It is rare to meet a company which has such a well rounded and complete proposition so right for the market at this moment in time. The solution is a market leader, FinArch’s people are thought leaders and the company has an unblemished track record of delivery success.” Baldwin continues, “FinArch has enjoyed significant success globally including significant new business in the UK. I’m very excited to join such a winning team.”

Peter will be responsible for business development in the UK. Having grown rapidly in the last 24 months, FinArch foresee ever increasing demand for its sophisticated integrated risk and finance management platform. “FSA IRR obligations, Basel II, IFRS and a need in general to adopt a more strategic finance and risk solution has been an ideal environment for FinArch to bring a new generation of solution to the UK market. Whether its Sub-Ledger technology or Regulatory Reporting solutions, FinArch has welcomed a significant number of new clients to the FRP family in the UK in the last 2 years.” Enthuses Nigel Lee, Chief Commercial Officer at FinArch. “We are very happy to have Peter on board, he’s a well liked and well respected individual with a talent for growing business. I look forward to working with him and continued success in the region.” Lee adds.

About Financial studio FRP solution
Financial Studio is the first fully integrated finance resource planning (FRP) solution for banking and financial institutions. Unlike generic ERP (Enterprise Resource Planning) systems, Financial Studio solves the specific needs of the finance sector and addresses all the factors involved in the convergence of risk management and accounting practices across all banking and financial disciplines. Financial Studio’s ‘out-of-the-box’ functionality, with its highly customisable modules and scalable database, allows for rapid deployment of any sized project, from small local implementations to full-scale enterprise-wide solutions on a global basis. A suite of generic, or foundation, modules underpin the power and security of the Financial Studio FRP solution. These include an industry standard data model, highly flexible multi-dimensional reporting hierarchies, powerful archiving tools, audit trail and historical information management, and rule-based engines.

About FinArch
FinArch (Financial Architects nv), with offices in the major financial centres worldwide, is a global value leader in providing a new generation of financial management software. The concept of the platform and the integrated approach of the different modules enable innovative financial institutions to quickly implement tactical solutions meeting the overall strategic objectives in financial reporting.
FinArch provides a unique blend of domain expertise, operational services, and technology solutions that accelerate and facilitate financial institutions’ ambition to implement a cost effective and reliable financial management platform.


www.finarch.com



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