Vos to oversee new IDS ASP offering: IDS ServicesSM
New York, NY - March 29, 2004 - Integrated Decision Systems (IDS) announced today the appointment of Martin Vos as Vice President, ASP Business. Vos will oversee IDS ServicesSM, the new outsourced, web delivery of the IDS Global Investment Manager® and GIM™ Wealth Management products, set to go into production this year. Vos will manage all aspects of IDS ServicesSM, from operations to service delivery.
Mr. Vos has focused on information technology for over twenty years in senior management roles at firms such as Xerox Corporation, Citigroup/Quotron and Investment Toolkit. He has been responsible for worldwide data center operations, product development, product marketing and strategic planning. He has a proven track record in successful product introductions and global systems implementations.
"IDS ServicesSM provides ASP access to the state-of-the-art Global Investment Manager® platform. It is a comprehensive service for Investment Managers and Sponsors and Martin is the perfect choice to oversee it," said Don Totter, CEO of IDS. "Throughout his career he has proven himself in the delivery of technology services throughout the world. Martin will ensure that IDS ServicesSM meets the highest standards for data integrity, availability, access, security and reliability."
"IDS has a successful history of serving the top tier clients in the financial services industry. I look forward to bringing our new capabilities to all tiers of the marketplace through IDS ServicesSM," said Martin Vos, Vice President, ASP at IDS. "This is an exciting time for IDS because we have the right products at the right time."
With its relational database data access, encyclopedic functionality and choice of service options, IDS ServicesSM is designed to fill the Portfolio Management System requirements of the full range of Financial Services firms, including Registered Investment Advisors, Money Managers Family Offices, Separate Account Sponsors and Managers and the Wealth Management divisions of brokerage houses and International Banks. The service provides portfolio accounting, data reconciliation, reporting, performance calculation and decision support tools as an integrated solution with interfaces to front and back office systems. IDS ServicesSM ensures robust system availability through its system hosting architecture and disaster recovery facility to provide access to data 24x7x365 and optimal data recovery.
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