Based in London, Hopcroft will be responsible for leveraging AIM Software’s success in the region to expand the sales pipeline and increase company revenue in the UK, The Netherlands and the Nordic Markets. Hopcroft reports to Josef Sommeregger, Chief Commercial Officer.
Hopcroft said: “I am very excited to have the opportunity to represent AIM Software’s solutions in these regions. Firms in Europe are under huge pressure between increasing transactions volumes, security types, reduced settlement cycles, client pressure and coupled with increasing regulatory requirements – leading to increased manual controls, data sources and increased accountability. What is needed is an approach that helps firms adapt to these changing requirements, with a solution that scales with them and therefore helps them focus on their core business.”
“There is clearly a high demand for a data management solution that takes away this complexity companywide, provides complete transparency and gives business users the ability to adapt the workflows without over-consuming IT resources. AIM Software has specialized in addressing these issues and we’re in prime position to help firms achieve this – and therefore increase efficiencies and risk management,” adds Hopcroft.
“AIM Software brings many sought after capabilities to the UK, The Netherlands and the Nordic Markets, delivering Enterprise Data Management solutions that can satisfy all reference data needs of a financial institution on a single and integrated platform.
”AIM Software has proven expertise in helping financial institutions to put in place a companywide reference data environment for securities, prices, corporate action and counterparties. This is a tremendous asset for any of the leading banks that are exploring data management challenges and I am thrilled to be working with them to help achieve these goals," said Hopcroft.
Hopcroft brings to AIM Software almost 20 years of sales and management experience in the global financial services and technology industries. His earlier roles include Sales Management and Product/Sales Specialist positions at Interactive Data, XcitekSolutionsPlus (XSP), Fiserv and Exchange Data International. Hopcroft brings proven expertise in corporate actions processing and reference data and demonstrated skills in creating and growing successful sales operations.
Josef Sommeregger, Chief Commercial Officer, said: ”The marketplace is learning that the benefits of EDM are realised in front, middle and back office processes. Hopcroft’s established track record, diverse financial industry background, and global experience will be invaluable in enabling us to expand our business in the UK, Dutch & Nordic regions. Hopcroft comes to AIM Software with both sales management expertise and strong industry knowledge, and we look forward to his contributions to our operations.”