Velocimetrics, the provider of real-time business performance monitoring and analysis solutions to the global financial community, has appointed Karen McDowell as the company's new Chief Financial Officer.
This appointment comes following the decision earlier this year to open a Velocimetrics technical development office in Wroclaw, Poland and following the expansion of its product line, to include the licensing of TS-Associates’ TipOff® and Application Tap® products, to provide on the ground support for its growing US client base from a professional services office in New York City.
Karen brings with her over 20 years of experience gained in both the financial and technology sectors. Her responsibilities in this new role will include supporting the management of the business’s three global offices, including its head office in London, whilst overseeing the financial health of the company as a whole.
Prior to joining Velocimetrics, Karen was CFO at TS-Associates. She has also held positions at MSB Consultants and DMW Group.
Commenting on this appointment Paul Spencer, COO, Velocimetrics stated:
‘I would like to welcome Karen to Velocimetrics. Her appointment will play an instrumental role as we continue to carefully expand the business by strengthening the support we are able to provide to our growing global client base and further developing our product range to meet emerging industry needs.’