NEW YORK, Sept. 17, 2013 /PRNewswire/ -- GBST, a
leading global provider of securities transaction and fund
administration software for the financial services industry,
announced today that John E. Kehoe
has been appointed Head of Business Development, Americas.
Based in New York, Mr. Kehoe will
report to Denis Orrock, CEO Capital
Markets, and will work directly with Liz
Bevan, CEO North America, to expand the company's footprint
in the region.
"The U.S., while a developed market for financial technology
solutions, represents an emerging growth opportunity for GBST,"
said Ms. Bevan. "Since entering this market six months ago, we have
seen strong interest from U.S. financial institutions wanting to
improve and streamline their clearing and settlement processes in
the middle and back office. John has developed an extensive network
of contacts and product knowledge for customer markets including
custodians, broker dealers, investment managers, trust banks and
hedge funds. We look forward to leveraging his experience and
relationships to grow our business in the U.S., Canada and across the Americas."
In April 2013, GBST secured
Raymond James Equity Capital Markets as its first client in the
U.S. for Syn~, GBST's global post-trade transaction and settlement
processing system. Raymond James Equity Capital Markets is
implementing Syn~ to replace existing legacy systems, manual
processes and introduce rules-driven pre-settlement processing
including integrated, real-time institutional commission management
facilities.
Previously, Mr. Kehoe headed Global Sales & Account
Relationship Management for XcitekSolutionsPlus, LLC (XSP), a
global provider of automated corporate actions solutions.
While at XSP, which was acquired by SunGard in December 2012, he also managed partnerships with
industry leading software organizations as well as data vendors and
depositories. Mr. Kehoe is a frequent speaker at industry
conferences and is involved in global industry initiatives covering
all aspects of the financial sector. He graduated from North Carolina State University with a Bachelor of
Science in Engineering.
About GBST:
GBST (ASX: GBT), provides global technology services to the
financial services industry, addressing our clients' constant needs
for innovation, competitiveness and responsive IT that truly
enables business. Listed on the Australian Securities
Exchange, GBST has offices in Brisbane and throughout Australia, London and New
York as well as operations in Hong
Kong, Paris and
Singapore.
SOURCE GBST