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FRSGlobal Hires Founder of STB Systems and Makes Further Hires in Asia Pacific and Japan

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FRSGlobal, part of Wolters Kluwer Financial Services, the industry-recognised leader in content-rich solutions for unified global regulatory reporting and risk management, today announced that it has appointed Michael Thomas as Head of Business Development and Operations for North Asia. FRSGlobal has also made a number of additional new hires in the region to boost its Asia Pacific and Japan (APJ) operations in response to the increasing demand for the FRSGlobal risk management and regulatory reporting solutions. Michael Thomas, who has over 30 years’ experience in the risk management IT industry, is based in Shanghai and will be fronting FRSGlobal’s expansion into China.

Michael was the founder of STB systems (which now forms the Lombard Risk regulatory offering where he has held a range of senior director roles). He was most recently responsible for APJ operations at Lombard Risk where he took responsibility for building a new off-shore software and product development centre in Shanghai and was Director for all Asia operations.

Michael Thomas said: “Having spent the last 18 years building a regulatory reporting business in competition to FRSGlobal I am delighted to now be helping the recognised market leader to take maximum advantage of the considerable growth potential in APJ. I am very excited at having the opportunity to further consolidate its position as the only vendor in the regulatory and risk management markets that can truly attach the word global to its name.”

Steve Husk, CEO at FRSGlobal, added: “I believe it is a testament to the team in APJ and FRSGlobal as a whole that Michael has chosen to join our organisation. He will help move FRSGlobal in APJ to the next level of operational excellence. We have recently announced a number of key customer wins in the region and he will be helping to turn these opportunities into tomorrow’s success stories.”

Stephen Thurley, Vice President for Asia Pacific and Japan at FRSGlobal, commented: “Michael will be at the forefront of our plans for growth in China and we are confident that he will continue his impressive track record in this area. We have also made some important key hires in Japan, Hong Kong, Singapore and Australia – all very talented individuals who will also be integral to ensuring continued success in the APJ region as a whole.”

FRSGlobal has also made the following new hires in the APJ region:

William Lai as sales manager for Hong Kong

William was previously Director, External Relations, at Institute of Regulation & Risk, North Asia (IRRNA), a not-for-profit organisation that promotes greater industry understanding and best practice within the fields of Governance, Risk and Compliance (GRC) working within the financial services sector with operations in China, Hong Kong, Japan, Korea and Taiwan. He has also worked at Xinhua Finance, LexisNexis Butterworths and Multex.

Michihiko Sato as sales manager for Japan

Michihiko brings over 15 years of sales & sales management experience within the financial software industry to FRSGlobal. He was previously the MD & board member of Japanese cross asset pricing and risk solution vendor AFAS where he ran the sales and support operation. He has also held positions in SunGard, SuperDerivatives, Misys and Bloomberg and will be focusing on sales in Japan at FRSGlobal. He is based in Singapore.

Leonie Keys as sales manager for Singapore and Australia

Leonie brings over eight years commercial experience to FRSGlobal, three of which she dedicated to setting up and running her own business. Prior to joining FRSGlobal she worked for global I.T. research firm Gartner, where she was Business Development Manager for Europe responsible for selling consulting, research and advisory services into technology providers in Europe. She is also based in Singapore.

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