"Jim brings a wealth of financial services experience and a well-rounded view of the mutual fund industry to this newly created position," said Fred Naddaff, President, BISYS Fund Services. "We are delighted by his decision to join BISYS Fund Services and are confident that his business acumen will enhance BISYS' ability to deliver essential and differentiated programs and services that help our clients’ businesses thrive."

Mr. Nolan, 42, joins BISYS Fund Services from PFPC, where he was Senior Vice President and Managing Director for global business development, including product development and distribution support services. His previous experience includes positions at PFPC, Boston Financial Data Services, Pioneer Group, G.T. Global, and Wells Fargo Bank. In these roles, he has managed mutual fund operations on behalf of fund sponsors, wholesalers, banks and broker-dealers, advisors, administrators, and shareholders.

"BISYS offers a unique depth and breadth of resources to help clients develop and implement solid growth and risk mitigation strategies," Mr. Nolan said. "I have been very impressed with BISYS' capabilities, and am pleased to now be a part of the BISYS organization. I look forward to contributing to the growth of BISYS' business, particularly in the area of new product development. Our end objective is the same as our clients' – to help them strengthen their board and shareholder relationships, improve their market positions and, ultimately, achieve sustainable and positive results for their firms."

Mr. Nolan, a resident of the Boston suburbs, has a Bachelor of Arts degree from St. Mary's College and holds a NASD Series 7 securities license. While working in San Francisco, he helped establish the West Coast Committee of the National Investment Company Service Association (NICSA) and is currently active with Investment Company Institute (ICI), NICSA, and Securities Industry Association (SIA).