Model-based software for the global securities industry
Press release
Donal O'Brien departs CTO role at ADP Brokerage Services for Coexis
LONDON- 10 May 2004. Coexis, providers of Syn
process-oriented
and rules-based software across the whole spectrum of commercial
banking has announced the appointment of Donal O’Brien as director
of business development.
Donal O’Brien was previously co-chief technology officer at
ADP Brokerage Services Group. In the last year he focused on extending
outsourcing and ASP (Application Service Provider) services. Commenting
on the attraction of Coexis he said: “Better client servicing
has become as important as return on investment for commercial banks. Syn’s
unique flexibility to meet individual users’ precise business
needs, no matter how often they change, complements utility services
such as ASPs. Coexis provides the industry with a distinctly better
way of servicing clients. I am excited to have the opportunity to
work with this team.”
Donal has more than 15 years' experience in the securities industry. He was the original designer of ADP Wilco's Gloss trade processing and settlement platform, used extensively by institutional banks. At ADP Brokerage Services Group he had responsibility for sales strategy across all international markets.
Terry Williams, chief executive officer of Coexis said: “Syn is
gathering momentum in the market and I am delighted to strengthen
the management team with someone of Donal’s calibre. His experience
spans many market sectors from the institutional and prime brokerage
space to retail brokerage, custody and asset servicing.”
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 Donal O’Brien Coexis Limited
T: +44 (0)207 251 7200 E: donal.obrien at coexis.com