Automatic Data Processing, Inc. (NYSE: ADP) subsidiary ADP Wilco has announced the appointment of Andreas Günther as its new managing director for Germany.
Through his former management positions at the european transaction bank (etb) and Deutsche Börse AG, Günther gained considerable experience in managing outsourcing projects in the international securities processing business and key account management. As Managing Director of ADP Wilco in Germany, Günther will be raising the company's profile as an outsourcing specialist for back office functions in the securities processing market while strengthening the company's established competencies in Germany such as SWIFT message processing and German tax reporting for European financial services providers.
From 2001 to 2005 Andreas Günther worked for the european transaction bank in a range of management positions. In his most recent position as Director Sales and Integrated Services he was responsible for the acquisition and implementation of large-scale outsourcing projects. Before that Günther was Head of Product Management and led the development and implementation of FORSS, the order management and routing system for national and international investment funds.
Between 1999 and 2001 Andreas Günther was a founder and director of online broker eQ-Online in Germany. Prior to that he worked for the Deutsche Börse AG for ten years.
"We are delighted to welcome Andreas to ADP Wilco. He has a tremendous breadth and depth of understanding of the German marketplace, and the leadership credentials to drive our growth and commitment to the German market," said Elizabeth Lake, CEO, ADP Wilco.
ADP Wilco's solutions for Germany include both retail and institutional securities processing, tax reporting (FITAS) and a SWIFT service bureau and transaction management service. It has recently announced new German market processing functionality including a Schlussnoten matching application.