Rhyme Systems, a leading provider of asset management solutions, today announced the appointment of Michael Goldman as New Business Sales Executive, effective immediately.
Michael is the latest senior executive to join Rhyme, supporting the company's continued success and momentum with its investment administration platform, rhymeSIGHT.
Michael, who joins from Rubarto, has strong experience in developing new sales opportunities in target customer segments. His responsibilities at Rhyme will focus on selling the rhymeSIGHT platform in the asset management sector. This will include nurturing and fostering key relationships with some of the largest institutions in the investment and wealth management industries, in addition to playing an integral role in Rhyme's overall UK market strategy.
Steve Young, Director of Rhyme Systems, said, "Michael's appointment is a reflection of the continued success and growth Rhyme continues to enjoy and also our confidence that there are no other systems on the market today which can adapt and meet changing market needs better than rhymeSIGHT.
"rhymeSIGHT enables institutions to achieve better efficiency and risk transparency by allowing asset managers to service more funds and more customers. Michael's appointment will support sales growth and our longer term strategy."
Michael Goldman adds, "I am very much looking forward to leveraging my experience to support Rhyme's continued growth in the asset management sector. My main objective will be to support the existing sales and marketing strategy and introduce new clients to Rhyme's product suite. This is an exciting time to be joining a company evidently so successful in its industry sector."
Rhyme Systems was recently acquired by 3i Infotech, a global provider of IT solutions and the fourth largest Indian software product company.
Rhyme Systems' products, rhymeSIGHT, Altimis, Quasar, Fiscal and Arrow enable asset, fund and private wealth managers to achieve optimum performance through market leading software solutions. These products operate in the manufacturing and operations elements of the asset management process, including portfg portfolio management, investment administration, clearing, settlement, order management and accounting.
Rhyme Systems was originally acquired by its management team, backed by private equity investor Primary Capital, in a management buyout from Misys PLC in November 2003.