MORS Software appoints Nigel Lee as its Commercial Director

By Megha Bhattacharya

Finland-based MORS Software today announced the appointment of Nigel Lee as the new Commercial Director. The new hire will be responsible for expanding the company’s footprint beyond the Nordic region. The company aims to leverage this opportunity for improving customer acquisition as well as customer service.

“I’m very excited to join MORS Software. I believe the international banking market is in need of a new approach to Treasury ALM. For many years the ALM market has been dominated by legacy software vendors providing expensive and inflexible solutions, many of which are old and approaching ‘end of life’,” comments Nigel Lee, newly appointed Commercial Director for MORS Software.

MORS Software offers Treasury ALM solutions for helping banks to manage their balance sheet and to deliver profitability while catering to the regulatory landscape. It is available either as a totally integrated platform or as a focussed point solution for addressing areas such as ALM< Liquidity Risk, Stress Testing, etc.

Nigel Lee will bring his experience in building financial services software companies in the Risk, Finance and Regulatory Reporting space.

“An increasingly sophisticated regulatory environment and hugely challenging business conditions are putting enormous pressure on banks to squeeze every last ounce of profit MORS Software from their Balance Sheet and operating model. I believe all banks need to re-assess their solutions for running the bank and subscribing to regulatory requirements from the same core platform. MORS Software represents a new generation of solution, more flexible in its deployment and use, more appropriate in its use of technology, real-time and cloud enabled. MORS Software is ideally placed to be the next ‘best of breed’ partner to the global financial services industry. I’m looking forward to working closely with the team, our partners and especially our customers.” concluded Lee.