ACE Software Solutions (ACE), a leading global provider of intelligent financial transaction management and sanctions compliance technology for banks and corporates, has today announced the appointments of Bill North as Director of Sales, Corporates in North America, and George Stein, as Business Development Director for Banks and Product Marketing Director, in Europe.
Both Bill and George, who each bring more than 25 years' industry experience, will be responsible for growing sales of the Pelican Suite of products to both corporates and financial institutions in the US and Europe.
Bill North will focus on business development in the corporate sector in North America. Having worked in the Treasury Technology industry for over 10 years, Bill previously held the position of Regional Sales Manager at IT2 Treasury Solutions where he was instrumental in growing North American revenue over 30% annually and has also held sales positions at Wall Street Systems and SunGard. Bill comments: "I am very excited to join Ace and bring PelicanPay to the corporate market in North America. PelicanPay is the first enterprise payment hub available to corporates that can manage any international payment format while providing value added services like OFAC compliance, intelligent payment routing, and global cash visibility. I look forward to the challenge I have ahead of me to grow the ACE corporate business in North America."
George Stein will be responsible for existing relationships and new business with banks in Europe, with particular focus on the DACH region. George brings with him over 25 years' experience in transaction banking and financial IT, working in London, Frankfurt and New York. In his banking career George has held various senior positions at Commerzbank, Chase (JP Morgan), Deutsche Bank, Bank of America, VocaLink and other financial IT firms. George comments: "ACE has a long history working with banks, and has been listening to its clients to continue developing the Pelican platform. There is great potential for ACE to help a lot of banks face the increasing regulatory and business challenges, improve operational transparency, and retain and grow customer revenue."
Parth Desai, CEO of ACE Software Solutions, commented: "The hiring of both Bill and George at this time is pivotal to Ace's growth plans in 2014. Interest in the Pelican suite of products which is sold to financial institutions and corporates on a global level, is mounting and we need to ensure we can support this growth. We are excited to have both Bill and George on the ACE team."