Misys Names Executive To Bolster Basel II Capabilities

Misys Risk Management Systems has named Savita Verma to lead its product management, financial engineering and research operations. Verma was previously vice president of Scotiabank. The company has also appointed David Welton Basel II specialist, reporting to Verma. Meanwhile, chief operating officer Michel Van Leeuwen has added Frank Weyns to his team. Weyns was previously global managing director of professional services for the Askari Risk Technology group for State Street, and held positions at Algorithmics and Deloitte & Touche Consulting. Lutz Schiermeyer, formerly of General Electric’s RXM subsidiary, has also joined Van Leeuwen’s team, from SeeBeyond Technology Corp. Ran Fuchs, meanwhile, joins as head of the company’s Asia-Pacific operation, having previously worked for State Street, CCF and J.P. Morgan.