Milestone Group strengthens North American operations

Boston/Sydney - 8 September 2010

Milestone Group, a global provider of funds processing and investment analytics software today announced the appointment of John Herlihy to the role of Product Manager - North America.

John has joined Milestone’s group North American management team and global product management group. John’s role focuses on the continued strategic growth of Milestone’s pControl business application platform in the North American market. pControl is currently being used by clients to deliver major efficiency gains, transparency, and increased service levels in funds processing, specifically related to NAV Control, Cash Allocation, Rebalancing and Reconciliations.

A graduate of finance and accounting, John brings over 15 years experience in investment markets and investment technology in North America. John’s prior experience includes Product Manager at Eagle Investment Systems and Investors Bank and Trust. John’s experience has focused on fund accounting operations, technology, workflow and process control management.

Milestone Group’s Managing Director North America Terence Faherty said “John’s extensive experience around fund operations, workflow, and production control compliments pControl ’s operationally efficient and flexible approach that can deliver tangible cost and risk reduction to our clients, while supporting reduced time to market for revenue and product initiatives".

Milestone Group, Chief Executive Geoff Hodge said, ”John’s appointment further strengthens Milestone Group’s client relationship and product management expertise in response to the rapidly growing demand for our software solutions and services in North America. John’s experience and domain knowledge will be of immediate benefit to our current and future North American clients”.

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