3i Infotech - Western Europe Appoints New Sales Manager For Reporting To Clients And ArrowSP

London - 4 August 2008

3i Infotech, a global provider of IT solutions and owner of Rhyme Systems, has appointed Gary Stokes as Sales Manager for its European Asset Management and Capital Markets Division.

At 3i Infotech Gary will be responsible for selling two of the company’s products, Reporting to Clients* and ArrowSP** throughout Europe. He will report directly to Neil Ridgway, Director, Asset Management and Capital Markets, 3i Infotech – Western Europe.

Gary joins 3i Infotech from US-based corporate actions solution provider XSP, where he was European Sales Director. Prior to joining XSP, Gary held the role of Sales Executive at financial software provider Mondas (now Corero).

Commenting on Gary’s appointment, Neil Ridgway, Director, Asset Management & Capital Markets, 3i Infotech – Western Europe, said, “Gary has an impressive track record in selling software solutions to financial services organisations throughout Europe. He brings with him a wealth of experience and we’re delighted to welcome him to our team as we continue to build on our success throughout Europe.”

Gary’s appointment marks another significant milestone in 3i Infotech’s European growth as the business strives to meet increased industry demand for its suite of financial services products and services. Existing clients include LCH.Clearnet, Coutts RBS, Rathbones and Brewin Dolphin.

Reporting to Clients is an automated, standalone client reporting solution which encompasses the entire investment reporting process. The solution can be licensed or alternatively is available as a hosted model.

ArrowSP is a real-time, functionally-rich CREST solution which is suitable for any organisation with participant membership. It has been designed to interface to the Euroclear Single Platform supporting ISO 15022 and eventually 20022 messaging as well as traditional CREST proprietary standards for existing legacy applications.

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