NEW YORK - (Business Wire) CorrectNet, Inc., a market leader in information delivery and reporting applications for many of the world
’s largest investment management firms, today announced two senior executive hires to head new sales initiatives and geographic expansion. Joe Ricca was appointed Executive Vice President of Global Sales and Marketing and Alex Jansen is now Vice President Global Enterprise Sales.
“We are delighted to have Joe and Alex on board at CorrectNet as we continue to capitalize on significant market demand for our solutions,” said Robert Miller, CEO of CorrectNet. “As important senior executives, they will be responsible for the management of new selling teams focused on providing existing and prospective clients more domain-specific expertise and value.”
Mr. Ricca is responsible for managing all aspects of CorrectNet’s global sales practices in hedge funds, wealth advisory and institutional asset management. Additionally, he directs the company’s newly established business partnering and alliance team, which is focused on delivering white labeled reporting solutions to many software, service and data providers. An accomplished executive and leader with over 20 years of sales and management experience, Mr. Ricca has an impressive track record in the financial technology sector, demonstrating a combination of technical depth and market understanding necessary to lead a world-class sales and marketing organization. His background includes key sales and management positions at notable companies such as Dun & Bradstreet Software, Financial Technologies International, as well as successful high growth start-ups including Providus Software and Evolve.
Joining CorrectNet from Lightport, Mr. Jansen is responsible for helping transform the company’s global selling organization into domain-specific selling teams to better serve the firm’s clients. Mr. Jansen brings 13 years of financial services and technology sales and management experience to CorrectNet. Previously he was regional director of sales for a venture funded technology startup at Nationwide Financial and a practicing broker at ING securities.
The hires were made in support of significant 2008 growth and expansion initiatives which include new corporate offices in New York City and the staffing of this facility with a team of 12 business development, consulting and sales professionals. Additionally, the company’s global hosting infrastructure in the USA, Caymans, Bermuda, Luxembourg and the United Kingdom has been expanded, with facilities in Switzerland, making this among the hedge fund sector’s most comprehensive data infrastructure footprints.
About CorrectNet
Founded in 1997 in New York, CorrectNet is a market leader in information delivery and reporting applications for many of the world’s largest investment management firms. The company's game-changing data management approach provides a business process outsource (BPO) of technology, infrastructure, operations and people to manage the aggregation, enrichment, quality assurance and formatting of complex investment data. CorrectNet facilitates and manages data delivery via rich web reporting applications to investors, portfolio managers, operations teams and executives. CorrectNet has demonstrated a unique ability to satisfy the toughest transparency and reporting standards of leading hedge funds, funds of funds, fund administrators, prime brokers and wealth advisory firms. Proven in over 900 implementations, CorrectNet has emerged as an industry driver behind the institutionalization of data management processes, helping organizations scale, improve quality, accuracy, control, and efficiency in their information delivery and reporting applications. CorrectNet has offices in New York City and Hauppauge, New York. For more information about CorrectNet, visit www.correctnet.com.
For CorrectNet, Inc.
Lisa Jane O'Neil, 212-786-7629
or
917-361-8303
lisajane@ljoassociates.com
