Bonaire Announces UK Office Expansion and Growth

London - 28 March 2012

Bonaire expands in the EMEA region with 30% staff growth, second expansion in one year

Bonaire Software Solutions, LLC (Bonaire), a leading provider of software solutions for asset managers and mutual funds, announced today that the firm has once again expanded its EMEA presence. Bonaire’s 2011 growth and increase in clients has enabled the firm to move to larger office space and grow headcount by 30% in London and France.

“Our growth in EMEA validates that real changes are happening in this market, particularly with asset management firms seeking improved revenue management and fee billing systems to accommodate regulatory pressures,” states Chris John, CEO of Bonaire. “We are 100% committed to the European market and are focused on bringing on talented local expertise to service our growing regional client base.”

The Bonaire London office is primarily responsible for providing on-the-ground implementation, client services and sales support for clients across EMEA. The added headcount in London and in France allows Bonaire to look towards future expansion, implementation and support of software products, such as the REVPORT™ Fund/Distributor Rebate and Reconciliation product.

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