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Official establishment of Quartal Financial Solutions (France) SAS on April 1st

Quartal Financial Solutions will officially open the French subsidiary Quartal Financial Solutions (France)
SAS on April 1st as a joint-venture between Quartal and Nexeo, consulting firm Paris-based specialised in IT
for Asset Managers and Investment banks. Jean-Charles Spanelis is appointed as Quartal France business developer
and has as main task to actively penetrate the French-speaking markets.

With a relevant experience in both Finance and IT, Jean-Charles worked as a consultant for renowned investment
banks and as sales manager for software providers focused on the financial industry. Mr. Spanelis
and Quartal see this strategic partnership as an asset for French customers, who will profit not only from
Quartal’s leading software solutions but also from an efficient expert on-site.