VEAL MOVES UP AS HOBSON MAKES FIRST SENIOR APPOINTMENT AS CEO AT CORFINANCIAL

Infrastructure
07.12.2018 11:52 am

corfinancial, a leading provider of specialist software and services to the financial services sector, announces the appointment of David Veal as Senior Executive – Client Solutions.

Veal specialises in middle office operations and technology, with nearly 30 years’ experience in solution delivery. As a consultant, he managed programmes of work to select and implement solutions within buy-side companies, including global asset managers, international insurance fund managers, hedge fund managers, wealth managers and securities services companies in Europe, North America and Asia.

Veal joined corfinancial as Senior Executive – Strategy and Product Management for salerio in 2015, to support the strategic development of salerio (the post-trade confirmation, matching, settlement and tracking solution), as well as working on new business development. Prior to corfinancial he spent eleven years as a founder, Chief Operating Officer and Principal Consultant at Pentagon Consulting, a management consultancy specialising in investment management technology. Veal was also Assistant Director of Operations at Rothschild Asset Management for ten years.

“This promotion is a direct result of David’s excellent work as part of the salerio team. His prior experience of running a business and working in both the vendor and consulting spaces will be invaluable as we continue to expand,” said Bruce Hobson, the new CEO at corfinancial.

“In this new role, David will be coordinating across CO-STARS, paragon, BITA Risk and salerio to optimise synergy within the group and leverage the individual product successes. David and I, together with the product Heads, will be focused on establishing the strategic foundations of the business and developing a detailed plan for our current, exciting phase of growth. In essence, David’s role will cover two main elements: business strategy and product technology strategy.” said Hobson.