Brainpower (Neuer Markt: BPW), provider of investment analysis and decision-support software tools for the investment community, announces the promotion of William (Bill) Holwell, Vice President Finance, to the position of Chief Financial Officer. Mr. Holwell has been acting CFO following the recent departure of Jennifer Wick.
Rocco Pellegrinelli, Chairman and Chief Executive Officer stated, “As shown by the Management Board’s unanimous decision, Brainpower is confident Bill, with his sound accounting and auditing background, can drive our recently announced, far-reaching cost reduction program as well as being instrumental in helping meet our long-term strategic objectives. Bill’s strengths are exactly what is needed at this time in Brainpower’s life cycle.”
Mr. Holwell joined Brainpower in February of this year, having spent the last four and a half years at BOC Group (British Oxygen Company) most recently as Corporate Finance Manager. He holds a degree in Economic History and is a Chartered Accountant.
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Brainpower is a developer and supplier of investment analysis and decision support tools for investment professionals and online financial service providers. Brainpower’s solutions are differentiated by their advanced capabilities to support enhanced decision-making for investment professionals and their clients, including retail investors.
The organisation’s high-end decision support tools for investment professionals, Brainpower Finest and Brainpower TOP FUNDS, support the analysis and management of stocks, mutual funds and portfolios. The technology is database-independent operating in a client/server environment and is based on recognised industry standards and solutions.
Brainpower NetXceed supplies the key functionalities of Brainpower Finest and Brainpower TOP FUNDS offering for online financial service providers. Brainpower COMPETE! and Brainpower Friends are innovative tools for marketing and sales professionals in the financial services sector facilitating client acquisition and retention. Customers include leading players in the fields of asset management, private banking and online financial services.
For further information see: www.brainpowerweb.com or contact:
Curtis E. Fox
Director, Communications & Investor Relations
Tel : +44 (0) 20 7392 7117
PR Artistry Ltd
Tel: +44 1491 636191
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