Misys Banking Systems has named C. Frederick Friedman as the new managing director of its treasury and capital markets office in Frankfurt. He joins Misys from GL Trade Frankfurt, where he was the area sales manager for Fermat Risk Management Software, with responsibility for Germany, Austria and Switzerland.
We are pleased to have appointed someone with such a depth of knowledge and track record of success in both Germany and the rest of central Europe, comments Marc Coutelier, managing director – Continental Europe, Treasury and Capital Markets at Misys Banking Systems.
Friedman has more than 20 years sales experience in the financial services industry, having worked at such institutions as Merrill Lynch, SWIFT, Bloomberg and Front Capital Systems.
The product portfolio is going from strength-to-strength in Germany and central Europe, and Misys has a fantastic track record of responding to customer needs with innovative and robust solutions,” says Friedman. “In Europe, banks are focused on managing balance sheet risk to achieve the best risk reward ratio (RAROC) and structured products seem to be providing one of the best mechanisms to fine tune this risk.”