Globeop Names Martin Veilleux Chief Financial Officer

09 October 2006

GlobeOp Financial Services ( or GlobeOp®), a leading, independent financial technology specialist providing automated, integrated middle- and backoffice, administration and risk reporting services to hedge funds and asset management firms – including banks, insurance companies, pension funds and proprietary traders, today announced the appointment of Martin Veilleux as chief financial officer. Veilleux also has been named to GlobeOp’s management committee and will be based in the Manhattan office.

"Marty's extensive financial management and business planning experience in leading-edge technology products and business process outsourcing will be a valuable addition to GlobeOp's management team," said Hans Hufschmid, GlobeOp chairman and chief executive officer. "We look forward to his contributions as GlobeOp continues to grow with new service and efficiency innovations
that support our clients' trading activities."

Veilleux, 44, brings more than 20 years of financial management experience in high-tech and service industries to GlobeOp. Veilleux most recently served as chief financial officer, treasurer and corporate secretary at NaviSys, a privately held provider of software solutions to leading U.S. life insurance companies. NaviSys was acquired last month by Accenture. Prior to joining NaviSys, Veilleux
held CFO and other senior finance positions with both public and private companies, including MarketSource Corporation, Boron, LePore & Associates, Inc. and Concurrent Computer Corporation.

A certified public accountant, Veilleux began his career at Arthur Andersen & Company in Dallas, TX, and holds a bachelor’s in accounting from the University of Texas at Austin.

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