FinAnalytica Names MD of UK & European Sales, Opens London Offices

* Reuters is not responsible for the content in this press release.

Mon Mar 31, 2008 4:10pm EDT

  NEW YORK, NY and LONDON, Mar 31 (MARKET WIRE) -- 
 FinAnalytica Inc., leading provider of "post-modern" portfolio construction and
risk management analytics, today announced that Marc Gross will join the company
in
the newly created role of Managing Director for European Sales and Business
Development. Mr. Gross will be based in London and report to R. Douglas
Martin, CEO of FinAnalytica.

    Martin commented, "Marc brings considerable business development expertise
in risk
management and portfolio construction solutions. He will be responsible for
driving our growth in the Europe and the mid-East. We will leverage Marc's
background and experience to dramatically accelerate the sales of
FinAnalytica's Cognity platform to leading fund of funds, hedge funds and asset
managers. We welcome Marc and look forward to his contributions."

    Gross commented, "FinAnalytica has built a world class research and
development team and is unique in offering a truly transparent and
flexiblerisk management and portfolio construction platform incorporating the
most
advanced statistical and econometric techniques. I am delighted to be
joining such a dynamic and highly motivated team and am confident that Cognity
will quickly become the industry benchmark."

    Mr. Gross joins FinAnalytica from Riskdata where he spent three years as
Regional Director.  Prior to that, he spent ten years leading
Thomson-Vestek/Quantec's European business efforts.

    Mr. Gross holds a bachelor's degree from the University of California and an
MBA from Georgetown University.  He has more than eighteen years of
experience spanning numerous areas of finance including securities analysis,
derivatives and quantitative portfolio management.

    The new FinAnalytica London offices are located at One Berkeley Street,
London
W1J 8DZ.

    About FinAnalytica

    FinAnalytica, Inc. is the leading provider of next generation portfolio
construction and risk management software for quantitative analysts and
portfolio managers. FinAnalytica's Cognity(TM) software suite
incorporates the latest and most transparent advances in analytics, including
comprehensivetreatment of real world fat-tailed and skewed asset returns.
FinAnalytica clients
include leading fund of funds, hedge funds and asset management firms. Further
information on FinAnalytica is found at www.finanalytica.com.

    Cognity is a registered trademark of FinAnalytica, Inc.

    

Contact:
Michael Palmieri
FinAnalytica Inc.
+1 212 551-1147
Email Contact

Copyright 2008, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.