Financial Services Industry Expert Simon Still Elected Chairman of Equipos

LONDON and BOSTON, December 13, 2011 /PRNewswire/ --

Equipos, the leading provider of client communications and reporting solutions, has announced that Simon Still has been elected Chairman of the Board of Directors, effective January 1, 2012. Mr Still succeeds Torben Munch, who is retiring as Chairman to focus on his primary role as Chief Operating Officer at SimCorp. Mr Munch will remain a Director of Equipos.

Until September 2009 Mr Still was Chief Operating Officer of Brewin Dolphin Holdings PLC and is a Director of Salmon Business Services Limited, which provides consultancy services to business. He is also Chairman of Durham Cathedral's Finance Committee and is a Fellow of the Institute of Directors. Previously, Mr Still was a Non-Executive Director of the Association of Private Client Investment Managers.

A graduate of the University of Durham, with a B.A. in Law, Politics and Economics, Mr Still gained 14 years of executive experience in the electronics and engineering industry, which included starting a software company, prior to entering a City-based consultancy practice in 1987. He joined Wise Speke in 1990, which was acquired by Brewin Dolphin in 1998. In 2001 he was appointed Chief Operating Officer of the Group.

Commenting on the election Alan Hamilton, CEO of Equipos said: "As a rapidly growing financial IT business we are privileged to gain the breadth of experience and knowledge that Simon brings. We welcome his close involvement in the evolution of Equipos. His guidance will, without doubt, be instrumental in helping us to meet our ambitious global development and growth targets while safeguarding customer satisfaction."

About Equipos Coric

Coric™ automates the client communications and reporting process for buy-side investment firms. Client services staff can create visually appealing client reports, fund fact sheets, UCITS IV KIID, meeting packs and presentations, and other client communications without recourse to IT. Operational savings are achieved through business process automation and client reporting best practice. Coric delivers unlimited scalability, business-user-definable workflows and layouts, and global multi-tenant solutions for third-party administrators.

Coric was recently named Waters Buy-Side Client Reporting Platform of the Year 2011 and is used by more than fifty large private banks, institutional investment firms and third party administrators in North America, Europe and Asia Pacific. http://www.equiposgroup.com

Press Contact:
Nicola Cowburn
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press@equiposgroup.com

Mike Hendy
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press@equiposgroup.com