Financial Software Ltd. (FSL) has announced the appointment of Michael Edwards as its new Managing Director. The firm offers specialist investment tax solutions and has a proven track record for developing market-leading products since 1994, including the industry’s award-winning capital gains calculator CGiX. 

Michael joined FSL eight years ago as a member of the Application Support team, creating new app functionality and continuing to develop the capabilities of CGiX for SaaS and Service Bureau clients. As FSL’s client base grew to include many of the UK’s largest wealth management providers, Michael expanded the team and received several promotions. Most recently, as Head of the Business Analysis team he amalgamated the Application Support and Business Analysis function and played a pivotal role in implementing the new Tax Consultancy offering.

Previous to FSL, Michael began his technology career with the European multinational Atos Origin, providing first-line IT support for the Metropolitan Police Service (MPS) as a Service Desk Analyst. He then moved to the global technology company Unisys where he continued to support MPS in partnership with Capgemini and BT, managing IT engineering teams and technology rollouts across London.

Nuno Godinho, Group CEO of FSL’s parent company Industrial Thought Ltd. commented: “Michael’s appointment as Managing Director is a testament to his impact on the business over recent years. His skills in technology management and people management make him the perfect choice to lead the company through an ambitious stage of growth as we remain at the forefront of digital transformation in a new era of wealth management.”

Michael Edwards, Managing Director of FSL, added: “Wealth managers have partnered with FSL to help solve their investment tax challenges for decades. And, as financial services undergo a significant shift driven by digital and social demands, our commitment to them is stronger than ever. I am looking forward to working with our talented team as we keep innovating to deliver financial software and data products they can trust.”

Wealth managers, banks, accountancy firms, and platform providers rely on FSL to alleviate the pain of investment tax, allowing them to give a more accurate and efficient service to their customers. In addition to CGiX, its other solutions include Offshore Reporting Funds data and the ESG modelling software, ETHiX.