Misys announced the appointment of Michel Daenen as the new Sales Director of the company’s Capital Markets business in Middle East and Africa.
Michel Daenen joined Misys through the acquisition of Sophis earlier this year, where he was the Regional Business Manager for the region. Prior to joining Sophis in March 2007, Michel spent almost nine years with Thomson Reuters in the Middle East leading professional services and pre-sales teams for their front-to-back trade and risk practices. Prior to that, he was the Vice President, Business Information Manager – Treasury and Capital Market for Dexia in Luxembourg. Michel also has deep knowledge of the risk and capital markets businesses and has been involved with both sell-side and buy-side institutions.
Speaking on his new role, Michel Daenen added, “I am looking forward to undertaking greater responsibility for Misys’ Capital Markets business at a time when the industry in the region is going through positive change. Many financial institutions are looking to innovate and evolve their systems to maintain their competitive edge and offer innovative solutions. Misys’ track record is extremely strong and we will be focused on building this further to become the solution provider of choice to financial institutions in the Middle East and Africa.”