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Banking This Week
A quick roundup of news by country every two weeks:
• Weeks of August 30th 2010
• Weeks of August 16th 2010
• Weeks of August 2nd 2010



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PRESS RELEASES
Vendor News

This is a press release by Fiserv

Published March 9, 2010

Fiserv adds Chris Capdevila to risk and compliance leadership team

Brookfield, Wisconsin, March 8, 2010 – Fiserv , the leading global provider of financial services technology solutions, today announced that technology industry veteran Chris Capdevila has joined the company as vice president of Product Management and Strategy for Risk and Compliance Solutions.

Capdevila comes to Fiserv from Oracle Corporation, where he served as vice president of GRC Strategy responsible for driving the strategic direction and roadmap for Oracle’s Governance, Risk and Compliance applications. Prior to joining Oracle, Capdevila was the chief executive officer of Logical Apps, which he co-founded in 2000. Logical Apps was acquired by Oracle in November 2007, and the Logical Apps portfolio of automated controls solutions now serve as the core backbone of Oracle’s comprehensive offerings in the Governance, Risk and Compliance applications market. Prior to Logical Apps, Chris was a senior management consultant with Price Waterhouse for several years, servicing Fortune 500 companies.

“Chris is a tremendous addition to our risk management solutions leadership team at Fiserv and will play a critical role in moving our product strategy forward to address the needs of our dynamic market, which is evolving from point solutions to more integrated risk solutions, coupled with increasing regulatory complexity,” said John Filby, president of Risk and Compliance Solutions at Fiserv. “Chris has a rich history when it comes to understanding customer needs across the breadth of a market and translating them into compelling solutions that stand the test of time.”

Capdevila has more than 25 years of experience in technology and financial services and was named “Software Entrepreneur of the Year” by the Software Council in 2005 for his contributions to the Southern California software industry. He is frequently sought out as an advisor and speaker on risk, security and controls best practices.

Capdevila graduated Summa Cum Laude from the University of California-Los Angeles with a Bachelor of Science degree in Economics.

Re-disseminated by The Asian Banker

E-Edition

Quick Poll
China is pushing the use of the renminbi for trade settlement, even as companies are selling yuan bonds or setting up yuan funds. What do you think are the main issues in the internationalisation of China’s currency?

It is going to jump-start much-needed improvements in local financial services and infrastructure
The world is hungry for an alternative to the dollar
An internationalised renminbi will give too much power to the Chinese government
It’s senseless to consider before full convertibility


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