London, UK, 12 October 2006 – Xcitek®, the leading global provider of market data, Corporate Actions software and consulting services, announced today that Lynne Wilson has joined the company as Senior Sales Executive for its flagship software solution, XSP™. In this newly-created position, Wilson will be responsible for expanding the European client base for XSP in response to the industry’s growing need to automate Corporate Actions processing.
Based in London, Wilson will report to Brendan P. Farrell, Jr., Managing Partner.
“With her extensive experience, expertise and background in the financial markets and IT consultancy, Lynne will play a pivotal role in Xcitek’s European growth strategy,” said Neil Sheppard, Chief Operating Officer of Europe for XSP at Xcitek. ”Combined with the great team we have in place, Lynne will help us optimise our offerings to meet the needs of the global financial marketplace. Her 15+ years of experience in client relationship management, sales and business development will be a true asset to our organisation. We are committed to expanding our business globally and Lynne will be key to our success.”
Wilson brings over 15 years of experience in business development within the financial services industry selling and developing sales campaigns for front- and back-offices with a focus on new business and account management. Her management consultancy background covers market development of Tier 1 consultancy ITO/BPO solutions. Prior to joining Xcitek, Wilson was Account Director of Financial Services at CAPITA Advisory Services. She worked at Computer Sciences Corporation (CSC) as New Business Development Executive, where she was involved in identifying, analysing, planning and managing client relationships for new business development. Wilson also held sales positions at Electronic Data Services (EDS), Bank One, DealComposer, International Securities Market Association Ltd. (ISMA) and Knight-Ridder Financial.
About Xcitek
Founded in 1986, Xcitek is the global leader in Corporate Actions software, market data and consulting services to the financial community.
Xcitek’s market data offerings include Corporate Actions, Cost Basis, Securities Class Actions, Securities Payments and other financial data, serving over 2,000 clients worldwide. Ranked #1 for ten consecutive years by The Summit Group, Xcitek has led all other providers in its chosen specialised categories such as data accuracy, data timeliness, coverage, and delivery reliability. User-friendly, flexible, and affordable, Xcitek’s web-based solutions deliver time-sensitive and critical information straight to the desktop.
Accredited with the SWIFTReady Corporate Actions Label, XSP is ISO15022 compliant and features an extensive workflow module, robust data scrubbing tools, web and ISO messaging for client notification and response capture (eTRAN™), and complete entitlement processing to manage the entire Corporate Actions lifecycle - thereby reducing risk and maximising operational efficiency. With over 50 licensed clients, XSP is the most widely-implemented Corporate Actions system in the world.
Xcitek’s consulting and staffing group provides financial institutions with highly-skilled professionals for temporary and permanent placement in operations, outsourcing, project management, and systems conversion. With its comprehensive database of experienced professionals, Xcitek carefully screens candidates to match clients with the appropriate personnel to assist them in successfully reaching their goals.
Additional information about Xcitek can be found at www.xcitek.com.
