Paris Expansion Increases Focus on Key European Financial Markets
New York, Toronto, London, 11th April 2006 - LatentZero has announced it is increasing its presence in Europe and will grow the number of staff in its Paris office in the coming months. The company has already appointed Ian Cumberpatch as Regional Sales Director and Georges Setrouk as Sales Manager for Western Europe in recent months, adding experienced financial sector software experts to its European team.
Ian Cumberpatch explains, "The regulatory environment is undergoing significant changes across Europe, and compliance is now a primary consideration for all asset managers. As a result we are experiencing a considerable increase in demand for our Capstone front office suite for the buy-side and for Sentinel, our pre and post-trade compliance tool in particular.
"We see local support as a central part of our offering, and the expansion of our Paris office will enable us to help customers implement new technologies to ensure compliance with all new statutory mandates, including UCITS III, MiFID and ratio d'engagement. Adding experienced, senior people who understand the industry to our team in Paris will enable us to help them make a smooth transition to the new regulatory environment."
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by 7 of the world's top 10 asset management organizations. More than 3,500 portfolio managers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $8 trillion. For additional information, please visit www.latentzero.com
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