Misys, a software and solutions company, has created three new senior positions in its treasury & capital markets business in the Americas. They will deliver the company’s new strategic objectives in that region, including a fresh drive into the Latin American market and the creation of a new services and consulting business, the firm says.
Steve Mills has been appointed head of Latin America business operations in a new role that focuses on the delivery of solutions to financial institutions in the region. Misys treasury & capital markets has a growing customer base in Mexico, Brazil, Columbia and Suriname and Mills will oversee the expansion in the firm's Mexico City office.
John Fryer has been appointed head of professional services with responsibility for delivering the company's solutions services in the United States and Canada. Ralph Herdman has been named head of business solutions group to oversee all pre-sales activity around treasury and capital markets software.
All three executives are long-standing Misys employees with a wide range of experience from the financial services and technology industries and they will report into Steve Victore, managing director for the Americas, Misys treasury and capital markets.
"These seasoned executives all have previous experience of working at leading Wall Street firms and bring direct knowledge of capital markets to the table, as well as an understanding of the business drivers and needs of our banking customers," says Victore. "Ensuring we have the right experience and skills is critical to our goal of enabling financial institutions to capitalise on the major revenue opportunities across their business."
"Financial institutions committing greater resources to the Latin American markets need comprehensive solutions for equities, fixed income and derivatives, and by adapting our cross asset platforms to local market requirements, we are enabling them to increase their international competitiveness," remarks Mills. "Our staff numbers are rising and we will also be partnering with market proven integrators and resellers in the future to further localise our solutions and provide real business benefits to banks throughout the region."