NumeriX Appoints Steven R. O'Hanlon As New President And COO

NumeriX, a provider of derivatives pricing and risk management software, has promoted Steven R. O'Hanlon to the position of President and COO. O'Hanlon heads a team of people with either dealing room, derivatives technology or accounting backgrounds Mark Shornick as

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NumeriX, a provider of derivatives pricing and risk management software, has promoted Steven R. O’Hanlon to the position of President and COO. O’Hanlon heads a team of people with either dealing room, derivatives technology or accounting backgrounds: Mark Shornick as Chief Financial Officer; Tom Iizuka as Chief Marketing Officer; Nick Haining as Managing Director EMEA; Hiroshi Kawashima as Managing Director for Asia Pacific; and Michael Iver as Senior Vice President Sales for the Americas.

“I’m pleased to be given the opportunity to drive forward a world class organization that is a market leader in financial analytics,” says O’Hanlon. “Building on the success we have had in fixed income, I look forward to seizing new market opportunities in areas such as credit risk and risk management.”

“This is an exciting time for NumeriX. We are pulling together a highly experienced team of people that will really help us to drive growth,” adds Dr. Whitten, Chairman and CEO at NumeriX. “O’Hanlon has a solid track record of both building and turning around technology companies. He possesses the requisite management and leadership skills to quickly identify the eminent business issues and his ability to engage top-level business and technology clients and partners will guide us to further success in this competitive marketplace.”

O’Hanlon joined NumeriX as Head of Global Sales in January 2002 and will continue to be responsible for Global Sales in the interim.

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