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SimCorp appoints Peter Hill as Managing Director, Asia Pacific

  • 27 February, 2006 10:30

<p>Sydney, February 27, 2006––SimCorp, a global provider of comprehensive software solutions for the financial services sector, announced today that it has appointed Peter Hill as Managing Director, Asia Pacific, based in Sydney. Mr Hill has worked in IT management and sales for 26 years, the last eleven of which have been in sales of high-end application solutions to the financial services industry.</p>
<p>Prior to joining SimCorp, Mr Hill was Managing Director of Fiserv Asia Pacific, a role he held since joining the company in 1997. As Fiserv’s key executive in the region, and based in Singapore for the first six years, he represented the company in relationships with major clients and key business partners in the finance industry, as well as regulatory authorities in each country.</p>
<p>Mr Hill previously worked with IBM Australia for 18 years, initially in sales roles and later in management positions that culminated in his appointment as general manager for finance and insurance industries for Australia and New Zealand.</p>
<p>Torben Munch, Executive Vice President of SimCorp A/S, said that Mr Hill’s experience in business and team development in the financial services sector in Asia Pacific would prove of great value to SimCorp as it continues its expansion throughout the region.</p>
<p>Mr Hill said he was delighted to be joining SimCorp and observed that the imperatives for fund managers to maximise operational efficiencies while reducing risk in systems and processes have never been greater.</p>
<p>“This market is demanding more cost-effective modern systems like SimCorp Dimension that provide the control they need to mitigate risk in these complex operating environments," he added.</p>
<p>Ends</p>
<p>About SimCorp
SimCorp supplies highly specialised software and financial knowledge for the global financial services sector and treasury departments within industrial companies. SimCorp has designed and developed its software in close collaboration with international financial services groups for more than 30 years. Its customers include international banks, insurance companies and investment managers. Headquartered and listed in Copenhagen (KFX:SIM), SimCorp employs more than 600 staff in international and regional financial centres across Asia Pacific, Europe and North America. For further information visit www.simcorp.com.</p>
<p>Contacts:
Nick Quin
Manager, Sales and Marketing
SimCorp Asia
T: +61 2 9241 4222
E: nick.quin@simcorp.com</p>
<p>Lachie Hill
Public Relations
Lachie Hill Communications
T: +61 2 9555 4691
E: lachie@lhcomms.com.au</p>

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