Model-based software for the global securities industry
Press release
Roy Staines – former President of ADP-Wilco – to head up US operations for Coexis.
LONDON-10 January 2005.-. Coexis, providers of process-oriented and rules-based software across the whole spectrum of commercial banking has announced the appointment of Roy Staines as managing director of US Operations.
Roy Staines was until recently ADP Brokerage Service Group managing director responsible for strategic accounts, and previously president of ADP-Wilco, an international subsidiary of ADP.
Commenting on his appointment, he said: ”Coexis is leading a sea change in software technology which enables greater business agility for benefits to be realised in the short-term. That is something that is not often experienced with software projects in the banking industry which is why I am excited to join Coexis at this expansion stage of their development in the US.”
“Having made ground-breaking progress with the implementation of our core technologies and software applications at leading institutions, we are embarking on a significant stage in our development with investment in our US operation. We are extremely fortunate to have someone with Roy’s experience and knowledge of the domestic and international markets assisting us at this important time,” said Terry Williams, chairman of Coexis.
About Syn
and
Coexis
www.syn.com
Coexis, the creator of Syn®,
is an IT product provider with 30 years’ experience of meeting the software
needs of businesses in the international capital markets. Syn applications
take advantage of process-oriented, rules-based approach which free users from
the high cost of bespoke solutions and the rigidity of off-the-shelf packages.
Applications include SynSettlements,
(settlement of bonds and equities),
SynFixRouter, SynFundsSupermarket and SynCustomer.
-ends-
Press contact: Salli Roskilly Saffron Communications Limited T:
+44 (0)1763 208708
E: salli at saffroncoms.com
Further information from:
Sunil Shah, chief executive officer. Coexis Limited 1 High Street
Rickmansworth Herts WD3 1ET UK T: +44 (0)1923 720477 E:
sunil.shah at coexis.com