Hobson takes the helm at international software firm corfinancial
28 Feb 2019
corfinancial, a leading provider of specialist software and services to the financial services sector, announces the appointment of Bruce Hobson as CEO.
South Africa-born Hobson has been in the fintech industry for the past 18 years and has held senior executive financial and business leadership positions for 22 years. His introduction into the software industry was at Indus International, the global Enterprise Asset Management software firm based in San Francisco. He has held the position of CFO for corfinancial for the past fifteen years and Global Head of salerio for seven years.
Bruce Hobson: “I am pleased to be taking the helm at corfinancial during an exciting growth phase. We now have more than 50 clients around the world; many of them being blue chip names and market leaders in the investment management sector. My goals include the continued expansion of our market share for our flagship solutions BITA Risk, salerio, paragon and CO-STARS, and expanding the sale of our products globally. I will also focus on preparing our technology platforms for a future in the cloud and making our software more flexible and accessible to our target markets.”
John Donnelly, Executive Director at corfinancial: “I have pleasure in announcing the appointment of Bruce Hobson as CEO. Bruce brings with him a wealth of experience in corfinancial’s products and markets, but also a deep seam of knowledge in running international software firms, revitalizing and growing business units, selling and software delivery. corfinancial is well placed to become an increasingly significant player in its key target markets.”
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corfinancial provides software solutions and advisory services to banking and financial services organisations worldwide.
There are four key problem areas corfinancial looks to solve through its primary software and service offerings: salerio is a post-trade processing solution that enables asset managers, hedge funds, and third-party outsourced administrators to automate the flow of securities and treasury trades from matching through to settlement; BITA Risk is a fully integrated, end-to-end private client suitability and risk solution that enables private banks and wealth managers to mirror fully the investment process and risk management profiles of their client portfolios; paragon is a comprehensive front-to-back office fixed income portfolio accounting and processing solution for banks; and CO-STARS is a fully integrated retail investment administration platform for third party administrators, fund supermarkets and wealth management providers.