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Coexis hires key man for Asia operations and Singapore expansion.

London 18 August 2008 — As part of its continuing expansion in Asia-PAC, global provider of software for capital markets Coexis has hired Ian Stephenson, Lehman Brothers' former head of IT in Singapore and Operations Technology in Asia, as head of operations in the region. Based in Singapore, Ian will initially focus on managing local implementations.

Ian joins Coexis from Lehman Brothers where he has worked for the last eight years, most recently in managing up to 150 staff as head of operations technology in Asia as well as head of IT in Singapore. His early career (1993 – 1998) began as a graduate programmer at Wilco where he progressed to a technical manager before joining Wilco customer NatWest Global Financial Markets to project manage a variety of implementations of Wilco's Gloss settlement systems.

Sunil Shah chief executive officer of Coexis said: "We are delighted to have persuaded Ian back to the software industry. He brings many years' invaluable experience of rolling out innovative projects for Lehman Brothers and crucial operational management skills to assist and oversee Coexis' growing operations and development in south east Asia."

About Syn and Coexis www.syn.com
Coexis, the creator of Syn, provides next generation software solutions to meet the dynamic business needs of the global capital markets. Model-based software provides investment banks, correspondent/clearers and other service providers with middle and back office processing, asset servicing and reference data engines geared to process exceptionally high volumes.

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