FNX announces New Head of South East Asia Client Services

Philadelphia and Bangkok, August 10, 2004 - FNX Limited (FNX), a leader in the delivery of technology solutions to the global financial markets, announced today that it has restructured its South East Asia operation to comply with the company-wide strategic direction.

Mark Bell, an experienced FNX employee will be taking over the role of Head of FNX’s South East Asia operations. Mark, a native of South Africa, joined FNX as an Implementation Consultant in June 2000, having previously worked at Sumitomo Corporation Europe where he worked for the precious metals trading division. During the last two years, Mark has been living in Thailand working with different FNX clients in the region. Most recently, he worked as the project manager of the successful BankThai Treasury Implementation in Bangkok.

Mr Bell states, "I am excited about FNX’s opportunity in South East Asia. The Sierra product has proven to be very effective in meeting the needs of banks and corporations headquartered in Asia and I look forward to continuing FNX’s growth in this region and providing market leading support for our clients."

Mr. Bell is a graduate of Stellenbosch University, South Africa and holds GARP’s Financial Risk Manager (FRM) certification. On his new role, Mark will be responsible for FNX’s support regions throughout Asia with the exception of Japan. Mr. Bell will be taking over, Mark Doucette’s position who will be re-locating to the FNX Headquarters in Philadelphia to assume the role of director of operations for Aspen Hedge, FNX’s new operating division.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development