BI-SAM Appoints William Haney as Chief Executive Officer

New York – November 4, 2014 – BI-SAM, a leading provider of performance measurement and attribution, risk analytics and client reporting solutions to the global asset management industry, today announced that William Haney is transitioning to the role of Chief Executive Officer, effective January 1, 2015. Mr. Haney has served as Chief Operating Officer and Head of BI-SAM’s Enterprise Business for the past year.

 Mr. Haney will succeed BI-SAM founder and CEO Alexandre Harkous, who will remain a board member and significant shareholder of the company. Mr. Harkous will work closely with the executive team to position BI-SAM for continued growth in new asset management verticals and in exploring extensions of the company’s offerings through organic initiatives and acquisitions.

“I am delighted to take over as CEO at such an exciting time in BI-SAM’s evolution,” stated Mr. Haney. “Under Alexandre’s leadership, BI-SAM has grown into the world’s premier performance management solution provider and I look forward to leading this exceptional team as we continue to enhance our products and services to address the market’s evolving needs.”

“Since the credit crisis, performance analytics have increased in strategic importance as both asset managers and their clients demand more insight to investment performance via more sophisticated digital capabilities. BI-SAM is widely acknowledged as the market leader in providing such solutions for the global investment management community, and we are embarking on a five-year strategic program to ensure we continue leading the performance needs of demanding asset managers and asset owners,” stated Mr. Harkous. “With his extensive industry experience and clear vision, William is the ideal leader to spearhead these exciting changes and position BI-SAM for continued success.”

Mr. Haney joined BI-SAM from Thomson Reuters, where he served as head and general manager for a range of divisions and businesses serving global banks, asset managers and public companies. His leadership roles spanned data, desktop, analytics and software businesses serving the buyside, banks, and publicly-listed companies ranging from $60 million to $300 million in annualised revenue.