Mr Simmonds brings 20 years of experience in Financial Services to Valuelink with the majority of that spent in selling complex middle-to-back office applications and services to Investment Managers, Administrators and Brokerages. In his role at Valuelink David will be responsible for spearheading the company's strategic growth by identifying and maximising opportunities to deliver value to new and existing customers.

"Valuelink is a stand-out performer in the field of providing a service that enhances mission-critical processes," said Mr Simmonds. "In today's environment every Bank and Investment Manager is under severe pressure to ensure the accuracy of their NAV calculation. Valuelink provide their clients with a service that enhances the daily collection of prices and corporate actions at a fraction of the cost of maintaining a data validation function. I look forward to working with this very experienced team to help the Company capitalise on the numerous opportunities for growth that exist."

"We are delighted to welcome David to Valuelink. His extensive background and knowledge of the operational aspects of financial services promises to enhance the future objectives of the company." Said Stephen Choate, CEO of Valuelink.