LONDON and NEW YORK, October 19 /PRNewswire/ --

- Company Extends Presence in Asia with New Indian Development Facility, Singh Brings Top Management Team

Information Mosaic, the trusted global provider of advanced custody, asset and wealth management solutions to the investor services industry, today announced the appointment of Manmohan Singh as Global Head of Product Leadership. Manmohan, who joins from TCS, will be a member of Information Mosaic's Executive Team and will have global responsibility for pre-sales and product management. Manmohan brings with him his top management team, establishing a new development facility in New Delhi, India.

Manmohan is well known throughout the financial services industry for his expertise and insight on corporate actions and custody solutions. He is a strong proponent of SWIFT compliance and serves on the Securities Market Practice Group (SMPG) and National Market Practice Group (NMPG) committees. Manmohan is a frequent speaker at global industry events and a regular contributor to major analyst forums and industry publications. He has worked with custodian banks, broker/dealers and asset managers across the globe.

John Byrne, Information Mosaic's Chief Executive Officer and President, stated: "In the last twelve years we have achieved a leadership position by continuously investing in great people and technology. Manmohan's in-depth knowledge and vast experience of our industry will help us take our company's growth and leadership to the next level. We recognize the increasing importance of Asia in the global marketplace and these additions to our New Delhi team, as well as the establishment of our facility in India, reflect our strong commitment to the region. We plan to recruit aggressively, increasing headcount in New Delhi to 100 staff over the next 12 months."

Manmohan added: "Information Mosaic is the recognized leader of the investor services solutions space and has a great opportunity for growth. The company's strong client base and satisfaction ratings provide an excellent basis for establishing and delivering industry leadership. In addition, I have been particularly impressed by the company's collaborative ethos and the high integrity of its staff - it will be a pleasure to work in such an environment."

About Information Mosaic

Information Mosaic is the trusted global provider of advanced custody, asset and wealth management solutions to the investor services industry. Established in 1997, Information Mosaic has committed to a path of continuous development and investment to provide market-leading global corporate actions and custody processing solutions.

The company has a proven track record of helping its clients improve efficiency on a global scale, enter new markets, win new customers and reduce the risk and cost associated with processing large volumes. Its global, end-to-end, corporate actions solution, camaTM is a five-time winner of B.I.S.S. Research's best overall platform award. Information Mosaic supports clients around the world from offices in Europe, North America and Asia-Pacific. Currently, six of the top ten global custodians deploy Information Mosaic solutions worldwide.

For more information about Information Mosaic please visit: http://www.informationmosaic.com

SOURCE Information Mosaic

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