Milestone Group Makes Key Appointments in Europe

London/Sydney - 22 December 2009

Milestone Group, an innovator in funds processing automation and investment analytics today announced a significant strengthening of their European operations with the appointment of Paul Roberts as Managing Director – Europe and the relocation of Phil Davies, Global Head of Product to the London office.

The moves are consistent with Milestone Group’s steady increase in international presence including European locations. This growth reflects increased client activity and use of their pControl business application platform and the related need for increased product depth and client support in the local region.

Paul Roberts brings 10 years experience in senior roles in investment markets and investment technology throughout Europe. Paul's most recent role was Managing Director, UK and Ireland with IGEFI Group. Prior to IGEFI, Paul was Chief Operating Officer at Linedata’s European Asset Management business, focusing on front and back office solutions to fund managers, administrators, brokers and private wealth companies.

Milestone Group, Chief Executive Geoff Hodge said, "Paul’s appointment further strengthens Milestone Group’s client relationship and senior management expertise in response to the rapidly growing demand for our software solutions and services in Europe. Paul’s experience and domain knowledge will be of immediate benefit to our current and future European-based clients”

Phil Davies is a co-founder of Milestone Group and has global responsibility for the development and direction of Milestone Group’s pControl and pQuant solutions.

“As we extend pControl’s capabilities to deal with local requirements including additional languages and jurisdictions, it was a natural move to be geographically closer to these markets.” said Phil “I am looking forward to joining Paul Roberts and the growing team in our London offices.”

Geoff Hodge added, “It is clear that there is an increase in the need for our clients to leverage quality solutions across their operations
in support of global operating models to achieve the next available level of efficiency and control and consistency of client service.”
This announcement closely follows the appointment of Terence Faherty as the Managing Director or North America which extends Milestone Group’s capability to fully service global clients across all timezones.

Milestone Group solutions deliver dramatic improvements in efficiency and control in the automation of fund processing in eight countries across Europe, North America, South Africa and Australasia.

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