SmartCo intensifies its business development to address the North American Market

5 December 2008

SmartCo, a leading Master Data Management software provider, opens a new subsidiary headquartered in Boston to expand its business development and support capabilities to North American Customers.

In spite of worsening economic conditions, SmartCo has seen revenue growth of more than 40% in 2008. The company therefore confirms its leadership position in the French Market, providing major financial institutions with its leading software - Smart Financial Data Hub.
Powered by recent commercial success abroad, most notably in Canada, SmartCo is embarking on a major expansion of its business activities and investments to better address and support the North American Market.

To boost its overall development and support an ambitious business plan for 2009 and beyond, SmartCo has appointed two very experienced managers: Joel Mondon, who will oversee office startup, development and ongoing operations for the North American subsidiary, and François Thaury, who will oversee professional services for SmartCo clients globally.

Joel Mondon brings more than 10 years of dedicated software experience in the US Asset Management area. Before joining SmartCo, he was at Sungard responsible for Decalog’s Boston Office operations and in parallel heading the Software Product Quality and Delivery department.

With more than 12 years of experience in the financial software industry, François Thaury brings to SmartCo unparalleled experience in international client management. Prior to joining SmartCo, he was Managing Director of Capital Market Solutions in Europe for GL TRADE, in charge of business development and professional services delivery.

Smartco continues to experience rapid growth and significant sales potential and as a result is continuously recruiting new talent. This is why despite the recent market turmoil, Smartco continues its development and is confident for its short, medium and long term future. According to Pascal Mougin, CEO of SmartCo, “With Smartco’s expanded capabilities and the fantastic potential of our technology, I am convinced that we have the workforce and experience to provide our clients with exceptional software solutions, rapid deployments and a very high level of service”.

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