The new CMS sales office is in midtown Manhattan and will be run by Business Development Manager, HongSup Park. Mr Park, who reports to Kurt Klein, was previously Senior Business Analyst and Client Manager at Dealogic, a software designer and developer for the capital markets industry. He is a graduate of the Massachusetts Institute of Technology (MIT).
Both sales offices are supported by Teresa Brown, an experienced project manager with over 15 years' experience in data technology and client account management in the financial sector.
CMS has opened sales offices in North America to market its leading software system Transactional Data Interface (TDI) to major US banks, exchanges and other large investment and financial institutions. Transactional Data Interface (TDI) is a modular software solution that enables financial institutions to collect, process and distribute financial information in real time. It has been used by organisations including the London Metal Exchange, the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME), processing multi-millions of bytes of data a day.
Bob Antell, Chief Executive of CMS, commented:
"As the largest financial market in the world, opening a sales office in New York was a pre-requisite for increasing our presence in North America. Now we have offices in Chicago and New York we have the sales and marketing infrastructure in place to make a powerful argument to banks, exchanges and other financial institutions about the commercial benefits of our TDI software system."