AP NEWS

Hobson Takes the Helm at International Software Firm corfinancial

November 28, 2018

BOSTON--(BUSINESS WIRE)--Nov 28, 2018--corfinancial, a leading provider of specialist software and services to the financial services sector, announces the appointment of Bruce Hobson as CEO.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181128005448/en/

Bruce Hobson (Photo: Business Wire)

South Africa-born Hobson has been in the fintech industry for the past 18 years and has held senior executive financial and business leadership positions for 22 years. His introduction into the software industry was at Indus International, the global Enterprise Asset Management software firm based in San Francisco. He has held the position of CFO for corfinancial for the past fifteen years and Global Head of salerio for seven years.

Bruce Hobson: “I am pleased to be taking the helm at corfinancial during an exciting growth phase. We now have more than 50 clients around the world; many of them being blue chip names and market leaders in the investment management sector. My goals include the continued expansion of our market share for our flagship solutions BITA Risk, salerio, paragon and CO-STARS, and expanding the sale of our products globally. I will also focus on preparing our technology platforms for a future in the cloud and making our software more flexible and accessible to our target markets.”

John Donnelly, Executive Director at corfinancial: “I have pleasure in announcing the appointment of Bruce Hobson as CEO. Bruce brings with him a wealth of experience in corfinancial’s products and markets, but also a deep seam of knowledge in running international software firms, revitalizing and growing business units, selling and software delivery. corfinancial is well placed to become an increasingly significant player in its key target markets.”

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About corfinancial corfinancial provides software solutions and advisory services to banking and financial services organizations worldwide. The firm has offices in Boston, New York and London.

There are four key problem areas corfinancial looks to solve through its primary software and service offerings:  salerio  is a post-trade processing solution that enables asset managers, hedge funds, and third-party outsourced administrators to automate the flow of securities and treasury trades from matching through to settlement;  BITA Risk  is a fully integrated, end-to-end private client suitability and risk solution that enables private banks and wealth managers to mirror fully the investment process and risk management profiles of their client portfolios;  paragon  is a comprehensive front-to-back office fixed income portfolio accounting and processing solution for banks; and CO-STARS  is a fully integrated retail investment administration platform for third party administrators, fund supermarkets and wealth management providers.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181128005448/en/

CONTACT: PR Contacts

Fabienne Pasquion

Portfolio Marketing Communications

fabienne@portfoliomc.com

David Veal

corfinancial

david.veal@corfinancialgroup.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: corfinancial

Copyright Business Wire 2018.

PUB: 11/28/2018 09:30 AM/DISC: 11/28/2018 09:30 AM

http://www.businesswire.com/news/home/20181128005448/en

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