ClariFI Opens London Office and Adds Ruben Falk to Business Development Team

Boca Raton, Fla. - 11 October 2006

ClariFI(TM), a leading provider of software and services focused exclusively on quantitative portfolio management and research, announced today the opening of their London office and the addition of Ruben Falk to their Business Development team. Mr. Falk will be responsible for growing ClariFI's business in the United Kingdom including sales, account management and support functions. Mr. Falk comes to ClariFI from MarketScalpel LLC, a quantitative analytical software company that he co-founded in 2002.
Prior to that he worked for UBS in London where he was a Director in their Investment Bank. Mr. Falk has his MBA in Finance from the University of California, Berkley and an undergraduate degree in Computer Science.

Donovan Goodreau, ClariFI's Vice President of Business Development stated, "We've got a growing client base in the UK and want to provide those clients with the localized support they deserve. We've also added some significant enhancements to our upcoming version of ModelStation which should make the product even more attractive to non-US clients. We are excited to open our first office outside the United States and to have found such a qualified person to develop our UK business."

Mr. Falk commented, "Joining ClariFI is a fantastic opportunity. ModelStation is a unique product that combines all the vital quantitative processes into a single solution. We have a small but impressive roster of clients already in the UK and I'm looking forward to providing them with the highest levels of support. I'm also looking forward to introducing ModelStation to all the other quantitative money managers, hedge funds and proprietary trading desks in the region."

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