Last checked at 21 Jan 2009 07:00
| Press Release | 21 January 2009 |
Focus Solutions Group plc
("Focus Solutions" or the "Group")
Focus builds on success in wealth management market with the appointment of
Peter Dingomal as Sales Director - Wealth Management
Focus Solutions Group plc, a leading provider of proven enterprise solutions to the financial services market, announces the appointment of Peter Dingomal to the senior management team as Sales Director - Wealth Management. Peter will be responsible for generating business for the innovative wealth management version of focus:360° and developing Focus' position within the same market across the UK and Europe.
This follows the Group's three recent contract wins in the wealth management space with Towergate Financial, HSBC bank plc, and another major UK bank. The Group's focus on this target market is being driven by its existing client base which is looking for technology to support their wealth management strategies as they move into Europe. In addition, Focus has identified a potential new client base of investment banks and private client wealth management firms for their product.
Peter brings with him over 20 years of experience in this sector, with senior sales roles at Odyssey, Advent and Peter Evans. He joins Focus Solutions from Temenos where he held the role of Sales Director for its Wealth Management division. He brings his considerable knowledge to lead Focus' efforts in this space.
On his appointment at Focus Solutions, Peter commented, "I am delighted to be joining Focus and have been impressed by the success they have had to date with their focus:360° product, securing contracts with big players in the market. I believe it is an exciting time to be joining the organisation as they grow their wealth management proposition and I look forward to the opportunity of further developing Focus' presence in this market."
Richard Stevenson, CEO of Focus Solutions, added: "Peter's appointment demonstrates Focus' commitment to addressing the needs of the wealth management market and his broad range of experience in this area is exactly what the organisation needs to spearhead our ambitions in this space. The Group has seen significant growth in demand for its products since targeting the wealth management market and Peter's appointment underpins this strategic move."
- Ends -
For further information:
| Focus Solutions Group plc | |
| Richard Stevenson, Chief Executive | Tel: +44 (0) 1926 468300 |
| Martin Clements, Finance Director | www.focus-solutions.co.uk |
| Daniel Stewart & Company plc | |
| Graham Webster | Tel: +44 (0) 20 7776 6550 |
| www.danielstewart.co.uk |
Media enquiries:
| Abchurch | |
| Heather Salmond / Joanne Shears / Mark Dixon | Tel: +44 (0) 20 7398 7709 |
| Joanne.shears@abchurch-group.com | www.abchurch-group.com |
Notes to editors:
About Focus Solutions Group plc
Focus Solutions is an established and proven supplier of enterprise solutions to the financial services industry in the UK, Ireland and more recently across Europe.
Focus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC and Irish Life, significant wealth management players such as St James's Place and a number of mortgage providers. The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically.
focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform. Focus has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk.
For further information on Focus, please visit www.focus-solutions.co.uk