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Sophis Appoints Al-Chaer to Lead World Class Training Programme

Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced that it has appointed Jihad Al-Chaer to head up its Sophis Institute training programme. Sophis Institute will be formally launched in the second half of 2010 and will act as a centre of excellence for training across the Sophis product portfolio.

Al-Chaer first began working with Sophis products as a consultant for Hiram Finance in 2000. He joined Sophis in 2002 as a front office and IT consultant before taking charge of the Commodities and Commodity Derivatives modules. He then became manager of the Commodities unit and most recently services manager for investment banking clients in Europe.

Al-Chaer will be responsible for finalising the development of Sophis Institute, which will provide a wide range of high quality training courses to clients, staff and third party consultants. The training will help clients get the best value from their investment in Sophis technology as well as provide valuable input to Sophis’ software development and support operations.

Al-Chaer said: “As director of the Sophis Institute I will ensure that we provide a comprehensive programme that will provide state of the art software training to clients and partners around the world. At our recent client conference, delegates highlighted the lack of skills and knowledge as a key ‘blocker’ in the adoption of technology to support risk management. Sophis Institute has been designed to help our clients deal with that challenge head on.”

Pascal Xatart, CEO of Sophis, said: “Jihad is a valuable member of the team at Sophis and, having worked in a variety of roles with us over the past decade, knows our products exceptionally well – and is in an excellent position to deliver the final phase of Sophis Institute and lead our training programme.”

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