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New Managing Director For SimCorp IT/2 EMEA

Daniel Andres has been appointed managing director of SimCorp IT/2. He heads the team responsible for worldwide development and EMEA (Europe, Middle East and Africa) sales and support for SimCorp’s leading corporate treasury management system, IT/2. Originally, Andres joined SimCorp as sales and marketing director of IT/2 EMEA in May 2001.

"I am looking forward to continuing the success of IT/2," says Andres, "the product has undergone a major development programme over the past two years, since we acquired it from the Bank of America. The level of its functionality now makes it a market leader. Our strategic development of IT/2 will continue to support our customers’ needs and ensure that we stay ahead of the market." The next release of IT/2 will be at the end of April 2002.

To promote the growth of sales, Andres will be working closely with third party distributors worldwide, as well as supporting SimCorp’s direct sales teams in London, Brussels, Copenhagen and Frankfurt.

Niels Beck, the previous managing director of IT/2, has returned to SimCorp’s Copenhagen headquarters. He has been appointed head of organisational and human resource development for the SimCorp group,responsible for the development of key staff.