Xcitek, the provider of corporate actions automation applications, has hired Steve Thoma as Senior Client Administrator within the client services team in Birmingham, Alabama.
Thoma will have responsibility for providing production support and implementation of the XSP software application within North America.
Thoma has 10 years experience in securities and corporate actions processing. Previously, he was the Corporate Action Reorganization Manager at Fifth Third Bank, where he was responsible for all aspects of corporate actions processing. Prior to Fifth Third Bank, Thoma was a Corporate Action Specialist at Bank One Trust with various responsibilities for both mandatory and voluntary corporate actions.
“We are delighted to have Steve join our organization,” says Patrick D. Lee, Managing Partner at XcitekSolutionsPlus. “His extensive securities processing experience, particularly in the area of corporate actions, is a tremendous asset to both our company as well as our clients. The strength of our product, coupled with the expertise of our new and existing staff, puts us in a great position to address the needs of the corporate actions marketplace.”
Xcitek says it is expanding all areas of its staff in sales, marketing, client services, product development, and technical support at its Birmingham, New York, and London locations.
“As we continue to experience rapid and steady growth, we are expanding our staff with high-calibre and talented professionals to meet the needs of our client base while further enhancing XSP,” says Brendan P. Farrell, Jr., Managing Partner at XcitekSolutionsPlus. “We have had a record-breaking number of new XSP sales in 2004 and anticipate another successful year for 2005.”