New York, NY, January 24, 2005 â XcitekSolutionsPlus, the leading global provider of corporate actions automation, announces the addition of Steve Thoma as Senior Client Administrator within the client services team in the Birmingham, AL office. Mr. Thoma will have responsibility for providing production support and implementation of the XSPâ¢ software application within North America.
Mr. Thoma has 10 years experience in securities and corporate actions processing. Previously, Mr. Thoma was the Corporate Action Reorganization Manager at Fifth Third Bank, where he was responsible for all aspects of corporate actions processing. Prior to Fifth Third Bank, Mr. Thoma was a Corporate Action Specialist at Bank One Trust with various responsibilities for both mandatory and voluntary corporate actions.
"We are delighted to have Steve join our organization," said Patrick D. Lee, Managing Partner at XcitekSolutionsPlus. "His extensive securities processing experience, particularly in the area of corporate actions, is a tremendous asset to both our company as well as our clients. The strength of our product, coupled with the expertise of our new and existing staff, puts us in a great position to address the needs of the corporate actions marketplace."
As a result of the industryâs ongoing need for corporate actions solutions and the growing demand for XSP globally, XcitekSolutionsPlus is further expanding all areas of its staff in sales, marketing, client services, product development, and technical support at its Birmingham, New York, and London locations.
Brendan P. Farrell, Jr., Managing Partner at XcitekSolutionsPlus, commented, "As we continue to experience rapid and steady growth, we are expanding our staff with high-caliber and talented professionals to meet the needs of our client base while further enhancing XSP. We have had a record-breaking number of new XSP sales in 2004 and anticipate another successful year for 2005."