BI-SAM Unveils Organisational Changes to Drive New Growth Strategy

BI-SAM Announces appointment of Non-Executive Chairman, COO and CFO/CAO to lead initiative 

BI-SAM, a leading provider of performance measurement and attribution, risk analytics and client reporting solutions for the global asset management industry, today announced a number of key executive appointments to support the implementation of the Company’s new growth strategy and further enhance its focus on best-in-class client service. The organisational changes include appointing current Board of Directors member Donal Smith as Non-Executive Chairman of the Board; Paul Mattison as Chief Financial Officer and Chief Administrative Officer; and William Haney as Chief Operating Officer, Enterprise Software.

“Donal, Paul and William are enterprising, inspirational and battle-tested leaders, with long track records of success in the financial services industry,” said Alexandre Harkous, Group CEO. “Their appointments form a key part of our plan for strategic growth, by strengthening our organisational structure and enabling our teams to focus on product innovation while delivering excellent service to all our clients, which will ensure the future success of our company.”

BI-SAM’s strategy to drive growth for the business includes ambitious plans for strategic acquisitions and the expansion of the Company’s research and development capabilities, including the creation of an additional new R&D facility.

“This is a very exciting time for our company as we embark upon a new phase of our long-term strategic plan,” said Mr. Harkous. “Our new growth strategy is designed to enhance our product range and service offerings as well as extend our reach into different areas within investment management organisations by expanding into new products and services. We will continue to build on our market-leading position in performance measurement and analysis, while further establishing BI-SAM as a leading provider of client reporting and communications solutions.”

Mr. Smith was formerly CEO of securities lending data specialist Data Explorers and CEO of Thomson Financial’s businesses in Europe and Asia and CEO of FT.com. He has been a member of BI-SAM’s Board of Directors since 2012. Mr. Mattison is a proven financial and operations leader, bringing a wealth of senior executive experience at software and technology firms to his new role as CFO/CAO of BI-SAM. Previous positions include roles as Chief Financial Officer with MLM Information Services, MarketWatch and FAME Information Services.

Mr. Haney joined BI-SAM recently from Thomson Reuters, where he held a number of executive roles over a period of 15 years. In his new role as Chief Operating Officer, Enterprise Software, he will be responsible for BI-SAM’s market-leading B-One solutions business.