Kurtosys Demonstrates its Commitment to North America With the Appointment of new President, Jeff Hendren

LONDON, April 24, 2012 /PRNewswire/ --

Kurtosys Systems, a leading global provider of digital tools that help asset managers grow and retain assets, has strengthened its senior team with the appointment of Jeff Hendren as President.

Based in New York, Hendren will oversee global business development and marketing. His strong pedigree of revenue generation experience positions Kurtosys well for future growth and demonstrates a strong commitment to the North American business.

Mash Patel, Founder and CEO at Kurtosys, said: "Kurtosys digital tools have been transforming client reporting and marketing for asset managers since 2002.  We already span five continents and name some of the world's largest asset managers amongst our clients but Jeff's appointment will boost our future expansion."

Before joining Kurtosys, Hendren served as co-president of PerTrac, a leading provider of analytics, reporting and communications software for investment professionals.  His asset management experience also spans roles at Reuters and Multex.

Jeff Hendren, President at Kurtosys, pointed to research carried out for Kurtosys client JP Morgan which found that over 60% of people say investment reporting comes first when assessing a wealth manager^[1]. "With the same report citing poor or irregular communication as one of the main reasons for client dissatisfaction^[2], the role for efficient digital reporting has never been stronger.  I'm looking forward to helping a new generation of clients benefit from Kurtosys' state of the art client reporting platform."

About Kurtosys

Kurtosys is a global provider of digital tools that help asset managers grow and retain asset.  Since 2002, our team of industry experts have been using digital media to transform the way that financial information is shared and consumed.

Our solutions help brands connect with their customers using the power of online and mobile communications. Our robust infrastructure and outsourcing services help eliminate unnecessary workflows and reduce costs, and our web and document design services are dedicated to making financial data beautiful.

Headquartered in London, Kurtosys has offices in New York, San Francisco, Cape Town, Gurgaon (India) and Manila.  Our presence spans five continents and our clients include some of the world's largest asset managers.

1. Source: JPMAM/Ledbury Research. Cited in The Wealth Management Report, Diagram 14: Reasons for dissatisfaction. http://www.jpmorganassetmanagement.co.uk/adviser/_documents/jpm%20-%20wealth%20management%20report%20-%20mkr%20-%20eng.pdf

2. Source: JPMAM/Ledbury Research.  Cited in The Wealth Management Report, Diagram 17: Most Important Factors When Further Assessing Wealth Managers. http://www.jpmorganassetmanagement.co.uk/adviser/_documents/jpm%20-%20wealth%20management%20report%20-%20mkr%20-%20eng.pdf

Further information

Please contact Jeff Hendren. Alternatively, please call +44(0)20-8605-9770 or email sales@kurtosys.com.