Mr McCaughey, who is a veteran of the securities industry, is well known in his field as the former head of HSBCâs securities processing businesses in the UK. He is currently an advisor to National Custodian Services, Omgeo and Invest Northern Ireland. He is also a director of the Securities Institute and a member of the Instituteâs Chairman's Committee.
Mr McCaughey said, "I am delighted to be associated with COR and particularly to be working with COR's senior management, some of whom I had the pleasure of knowing when I worked at HSBC."
Steve Osborne, Chairman of COR Financial Solutions said "Terryâs substantial experience will help COR develop its product range and acquisition plan."