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SmartCo Opens US Subsidiary to Support North American Growth Plans

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Master data management software provider SmartCo has opened a new subsidiary headquartered in Boston to expand its business development and support capabilities for North American customers. The French headquartered vendor says it has had some commercial success in Canada and is now looking to the US for growth opportunities.

SmartCo claims it has seen revenue growth of more than 40% over this year and is now focusing on increasing its global footprint for its solution, Smart Financial Data Hub, over 2009. The vendor has appointed two managers to focus on the expansion plans: Joel Mondon, who will oversee office start up, development and ongoing operations for the North American subsidiary, and François Thaury, who will oversee professional services for SmartCo clients globally.

Prior to his appointment, Mondon was at SunGard responsible for Decalog’s Boston office operations and in parallel heading the software product quality and delivery department. Thaury was previously managing director of capital market solutions in Europe for GL Trade, in charge of business development and professional services delivery.

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