COR Risk Solutions Hires Again in the US to Further expand Sales

5 January 2003 – London – COR Risk Solutions (COR-RS, part of COR Financial Solutions), global provider of advanced portfolio analytics and optimisation software, today announces the appointment of Miz Kabir as Senior Sales Executive. Miz will be responsible for further expanding the COR-RS client base within the North American marketplace. His appointment, rapidly following that of Rene Robillard, is evidence of COR-RS’s confidence in the potential of this marketplace.

Miz will be based in New York and will focus his efforts selling there and also into Chicago and Toronto – all cities where COR-RS has existing clients. He will be responsible selling all COR-RS products and services but will concentrate particularly on BITA Curve, COR-RS’s new generation risk management product, and the BITA Jigsaw range of software components designed for integration into other systems.

Miz already has extensive experience selling financial solutions into the North American market. Previously he headed up Cowero’s successful sales push into the USA and Canada which resulted in the company securing a large number of both buy and sell side clients. Experience, which is directly relevant to COR-RS.

Miz comments: "COR-RS has an established client-base in North America, new products and a reputation as a supplier with considerable technical expertise. I am delighted to have the opportunity to join them and help the company develop its position even further."

Simon Tizard, Managing Director, COR Risk Solutions adds: "A key element of our business strategy is to invest in North America. We believe it will prove to be an increasingly important market for us and we are committed to ensuring that we provide a high quality sales and support service to our clients within the region. Miz’s appointment is an example of this commitment and I am confident that his skills and experience will significantly contribute to our meeting our objectives."

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