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Luxembourg & London, 29 July 2008 – FERNBACH-Software, a leading provider worldwide of standard software for Enterprise-wide Value and Risk Management, has appointed Neil Beckley as Country Manager UK. Mr Beckley will be based in London and will lead FERNBACH’s international sales team in targeting banks in the UK, Ireland, Scandinavia, the US, the Middle East, Africa and some other EU member states.

Neil Beckley has more than 15 years’ experience with triple-A-rated financial institutions (Deutsche Bank and the Bank of England) as well as 9 years’ experience in the sales and management sector. His expert knowledge mainly covers financial control, operations, risk and IT, and the effects of risk and IT on people and processes. His last position was that of Managing Director for Market Processes at Noozz Ltd., the leading emerging market information provider.

Mr Beckley assumes his role immediately, and will work on broadening the client base for the entire FERNBACH FlexFinance® Product Suite, including the solutions IFRS, Basel II, Profitability, Liquidity, Margin Optimiser, Regulatory Reporting and Loan.

FERNBACH’s customer base in the UK and Ireland includes large banks such as HSBC, which uses the FlexFinance® Data Exchange (ETL), and Commerzbank Europe (Ireland), which has gone live with the FERNBACH solution Hedge Manager Ready to GoTM.

“While I will be dedicated at expanding FERNBACH’s customer base across the territories I will manage, I will also ensure existing customers are well supported and satisfied. My own experience has shown me how personal relationships can help guarantee the success of a major risk technology project and I intend to ensure that our clients succeed,” said Neil Beckley.

Günther Fernbach, CEO, said: ”Neil has successfully managed major programme and project contracts involving international teams. He moved from being the youngest financial controller in the history of Deutsche Bank up to being Managing Director. We’re quite certain that we’ve chosen the right man for our international business operations.”

About FERNBACH

FERNBACH is a global leader in the provision of comprehensive solutions for the finance industry. Modular service bundles for Multi-GAAP accounting, risk, compliance and loan enable our customers to optimise business processes.

FERNBACH offers a sophisticated component-based solution portfolio which ensures data consistency independent of actual business processes and can calculate complex financial ratios. The FlexFinance® Suite is transparent and fully auditable down to the individual business transaction level.

FERNBACH is committed to providing innovation as well as increasing performance. Our customers worldwide benefit from our combined expertise to overcome challenges and to provide solutions for future success.

www.fernbach.com

For more details please contact:

Melisa Young at Prompt Communications
E-Mail: fernbach@prompt-commmunications.com
Tel: 020 8996 1653 / 07780 687813

Emma Connolly, Director of Group Marketing
FERNBACH-Software S.A.
Tel.: + 352 402244-405 Fax: + 352 402244-310
E-Mail: emma.connolly@fernbach.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Prompt Communications Ltd in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.