IGEFI GROUP Sàrl announces senior appointment to support its continuing international growth

Boston - 11 July 2007

IGEFI, the world's leading provider in the Investment Funds Industry with MultiFonds, is pleased to announce Terence Faherty as Managing Director, Americas to support its continuing international growth.

IGEFI is the foremost provider of software solutions for international fund promoters, third party investment fund service providers, and fund managers. With over 170 expert staff supporting clients from six offices worldwide, IGEFI is growing its US based operation to better serve its North American client base and grow its North American presence.

“We are very pleased to invest in our growing North American operation. Terence brings strong client service, project management, and leadership skills to IGEFI. We look to continue to heavily invest in our solutions and people in North America to meet the demand for our MultiFonds product suite” said Bertil Rouveure, CEO IGEFI.

This appointment reinforces IGEFI’s commitment to delivering high quality software, services, and support to its client base globally and in North America. This commitment combined with IGEFI’s one platform environment, and efficiency gains continues to make IGEFI a market leader.

Terence Faherty joins IGEFI after over 12 years at SunGard. While at SunGard Terence held a variety of senior roles in the consulting and client services areas. For the last 6 years, Terence was President of the SunGard BancWare business unit. Prior to SunGard Terence’s experience included Reuters, Logica, and The Boston Company.

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