Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, has announced that Graeme Clark, a sales leader in financial services of 25 years', has been appointed regional vice-president for financial services in Emea.
Clark will be responsible for advancing Progress' leadership position in capital markets organisations, as well as increasing sales in the banking and insurance segments across the region.
Christopher Larsen, executive vice president, Global Field Operations, Progress Software, said: "Graeme brings exactly the right experience and expertise we need to expand our presence in financial services across EMEA. He will be heading up an integrated group of sales, pre-sales, professional services and alliance team members with a dedicated focus on ensuring success for all of our financial services customers. With a strong background in solutions for compliance, risk and surveillance, he will lead the team to further growth in capital markets as well as expanding our vision to take our highly valuable solutions to senior executives throughout the region."
Formerly a vice-president at Enigmatec Corp. and SearchSpace Ltd., Clark has a history of successfully growing technology companies. After successfully building SearchSpace's European sales function, he launched the company to the US market: within four years its anti-fraud software was in use in 25 of the world's top 30 banks to prevent money laundering and other unusual activity, it had 300 staff, and was sold to Warburg Pincus in 2006. Clark has also led sales teams at Peoplesoft and Sun Microsystems.
Clark commented: "Progress Software has seen immense success with its market-leading Apama platform. It now needs to go to the next level, taking its full product suite to the capital markets segment and growing awareness in retail and wholesale banking, as well as the insurance sector. Its Responsive Process Management approach gives business leaders the real-time visibility into their processes that they urgently need to improve customer and stakeholder relations, take advantage of opportunities in a fast-paced market and prepare their organisations for global growth. Progress Software is extremely well positioned in the technology space, and can now capitalise on its brand presence to secure the growth it deserves across EMEA - it's an exciting time to be joining the team."