Logica ramps up global financial products business

Source: Logica

Logica, a leading business and technology service company, today unveiled the growth strategy for its Global Financial Products Business (GPB).

This includes further bolstering its sales, product management and development teams; and expansion in Asia Pacific (APAC) and North America. Logica GPB is also making significant sustained investment in its product portfolio, which spans payments processing and filtering; financial messaging; central market infrastructure; and regulatory reporting. These plans follow the GPB's recent appointment of a new managing director and four additional appointments to its management team.

In H2 2009, Nigel Turner, who has over 25 years industry experience, was appointed managing director of Logica GPB. Turner has held senior management positions within Logica since joining in 2006. Prior to this, he led Sema Schlumberger's global products division.

Turner commented: "We have made and will continue to invest in our people and products to ensure that we consistently deliver value to our financial institution and corporate treasury clients. Our strengthened position is reinforced by Logica's wider service offering and implementation expertise which is one of our key differentiators. We are therefore well-placed to meet current and future client requirements for reducing operational costs, consolidating multiple platforms and managing increasing volumes."

Peter Guldentops, with over 20 years experience, including a senior business development role at SWIFT has been appointed GPB product strategy and management director. Garry Young will head up business development in the corporate space and software as a service offerings. Jean-Pierre Arens and Ralph Buckley will lead sales and delivery efforts respectively. Four further sales and product management appointments have been made in Europe.

"With these appointments, we have injected a wealth of experience and domain expertise into the business," continued Turner. "Over the course of this year, we will continue to grow the team and will extend our product portfolio."

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