implementations, including international implementations for Standard Chartered Bank and Credit Suisse.
From the Guayaquil office Mr. Baros will lead a team of Project Managers and Business Analysts, and will coordinate all Latin American implementation and software support efforts. Financial Software Systems began its marketing efforts in Latin America in 2009. Since 2009 Financial Software Systems has licensed its Spectrum Treasury System to banks and broker-dealers in Colombia, Mexico, Panama and Peru. Financial Software Systems has produced Spanish and Portuguese versions of Spectrum and has implemented a large number of localizations for the Brazilian and the Spanish-speaking markets. Financial Software Systems provides support and implementation services in Portuguese, Spanish and English.
Gerald Thurston, the President of Financial Software Systems, commented, "Financial Software Systems has enjoyed great success in the LATAM market in the last two years. With the opening of an office in Ecuador, Financial Software Systems has a convenient base to serve our existing clients in Bogota, Lima, and Panama, and has a base to support future implementations throughout South America. Opening an office in Ecuador is an expression of our confidence in the LATAM market and is an extension of our commitment to the success of our LATAM clients. Bojan Baros brings to the LATAM market extensive experience that he has gained from years of working in many positions in Financial Software Systems, and especially from successfully leading implementations of our Spectrum Treasury System in North
America, Europe and Asia. I am confident that all of our LATAM clients will benefit from Bojan's broad product knowledge and from his project management and leadership skills."
Financial Software Systems is headquartered in Horsham, Pennsylvania, and produces Treasury and Capital Markets software for banks, broker-dealers, and fund managers. Financial Software Systems supports many of the leading financial institutions around the world. The Spectrum Treasury System, is Financial Software Systems' flagship product, and provides a complete solution for managing foreign
exchange, money market, fixed income, equity, and derivative contracts. Unlike vendors that outsource system implementation services, Financial Software Systems provides turn-key implementations of Spectrum, with complete front-office, middle-office and back-office functionality. Financial Software Systems also provides a variety of web portals for both client-facing and internal-facing Treasury