Press release

RiskFirst Reinforces its Commitment to the US With Senior Hire to Head up New Software Development Office

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Sponsored by Businesswire

RiskFirst has appointed Torgeir “Tor” Helgevold as Principal Technical Architect as it extends its presence in the US with the establishment of a New York City software development office. Tor will head up the team, which will focus on product innovation and supporting RiskFirst’s drive to bring the benefits of leading-edge technology to asset managers.

Tor has over 10 years of relevant experience. Having worked as a software engineer and consultant across numerous firms and sectors in the US, he is a seasoned technology developer, able to bring extensive, balanced insights into the needs of the industry. He will therefore play a key role in helping to implement cutting-edge, market-focused solutions.

Matthew Seymour, CEO of RiskFirst, says: “We are committed to growing our capabilities and providing exceptional service to our valued clients in the US; delivering innovative solutions that meet their evolving needs. By hiring experienced, quality individuals such as Tor, we can build upon our existing offerings and continue to deliver real added-value to our clients.”

Nick Francis, Chief Technology Officer, adds: “Our client base continues to expand in the US. By forming an engineering team with local market knowledge that is focused on innovation and building out functionality for our US clients, we are reaffirming our dedication to addressing their needs and providing them with best-in-class support.”

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About RiskFirst

RiskFirst is a financial technology company providing modern technology solutions to Asset Owners, Consultants, Insurers and Asset Managers to help grow and improve their business. Its core product PFaroe® is web-based, available anytime and anywhere, and allows users to evaluate risk from multiple perspectives and perform real-time scenario stress testing. Initially targeted to defined benefit pension plans, it is now the market leader in the UK and the US. Over 3,000 plans with more than $1.4tn in assets are now modeled on the PFaroe platform. RiskFirst has also recently launched a global fixed income attribution solution, which recognizes the differing objectives, timeframes and opportunity set of each user.

For more information please go to www.riskfirst.com.