Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions, has appointed Sergio Giacoletto as its new Chairman of the Supervisory Board. A technology industry leader, Sergio Giacoletto recently joined Advent Internationals Operating Partner Programme to advise the leading global private equity firm, and majority shareholder of Sophis, in the technology sector. Giacoletto replaces Pascal Stefani, Managing Director at Advent, who held the role of Chairman for two years and will remain a Member of the Supervisory Board.
Sergio Giacoletto brings extensive experience of the technology industry to the Sophis Board. From 2000 until December 2008, he was Executive Vice President of Oracle Corporation, responsible for Europe, Middle East and Africa and a member of Oracles Executive Committee. Previously he held senior roles at AT&T International and Digital Equipment Corporation. He is currently the Senior Independent Director of Logica plc and a non-executive director of CSR plc and COLT Telecom.
Sophis has excellent software solutions that meet financial institutions risk management requirements across the buy-side and the sell-side, as well as a strong track record for fast and efficient system implementations, says Sergio Giacoletto, Chairman, Sophis. I look forward to working with the Board and Executive Committee to support the companys growth plans in Europe and internationally.
Sergio Giacolettos appointment demonstrates Advents ongoing commitment to Sophis international expansion.
D.C.