FinLab Expands its North American Office and Hires Mr. Chad B. Sanford as the Associate Director of Client Service

Substantial growth generated from new sales and upgrades to existing clients has led FinLab to expand its North American office with the hiring of Mr. Chad B. Sanford as the Associate Director of Client Service. FinLab is the sole provider of PackHedgeTM, the industry leading software for investment data management, research, asset allocation modeling and client reporting.

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At FinLab, we not only strive to deliver a product that leads the industry in innovation but, we aim to partner with our clients in delivering real value that will help automate processes, create greater internal efficiencies, reduce operating expenses and enhance the overall client experience. Chad's hiring goes a long way in helping us to achieve these goals.

Kennett Square, PA (PRWEB) April 30, 2007

Substantial growth generated from new sales and upgrades to existing clients has led FinLab to expand its North American office with the hiring of Mr. Chad B. Sanford as the Associate Director of Client Service. FinLab is the sole provider of PackHedgeTM, the industry leading software for investment data management, research, asset allocation modeling and client reporting.

"It was only a year ago that we opened our first North American office and already, we have gained significant traction and market share", says FinLab CEO, Denis de Pentheny O'Kelly. "As our base of clients in the US and Canada continues to grow, we are committed to investing the appropriate resources to meet their needs", added O'Kelly.

Chad brings a unique mix of investment and technical expertise acquired over the past ten years while working at Vanguard and most recently, InvestorForce. A graduate of Villanova University, Chad focused on Economics and used this foundation in finance to start his career at Vanguard. While at InvestorForce, Chad serviced top institutional investors and money managers, including subscribers to the Altvest Hedge Fund Database and was instrumental in developing the data collection and update process for InvestorForce's traditional and alternative online investment databases. Chad will be based in FinLab's new southeastern Philadelphia office in Kennett Square, PA.

O'Kelly emphasizes, "At FinLab, we not only strive to deliver a product that leads the industry in innovation but, we aim to partner with our clients in delivering real value that will help automate processes, create greater internal efficiencies, reduce operating expenses and enhance the overall client experience. Chad's hiring goes a long way in helping us to achieve these goals."

"We are obviously very pleased to have a person of Chad's caliber join the firm and our client's have already benefited from his presence," comments Kristofer T. Kelleher, Sales Director, North America. "Chad's hiring is the natural continuation of the momentum that we built in North America last year and with our new and expanded office space we are poised to add additional resources in the coming months."

About FinLab
FinLab is a software solutions company that develops, distributes and supports one of the world's most advanced systems for hedge fund and traditional investment research, analysis and asset allocation for both alternative and traditional funds.

The company's product suite PackHedge™ is a series of state of the art modular software tools that provide an unmatched multi-source, multi-currency, multi frequency qualitative and quantitative data management model. PackHedge™ includes data aggregation, extensive statistical analysis and charting, a multi-dimensional query engine, complete pro-forma portfolio simulation, comprehensive fund of funds portfolio management, and customizable reporting capabilities. In addition, tools to manage time series imports and customizable due diligence questionnaires are provided to ensure full data integrity. The company was founded in 1999 and is headquartered in Geneva, Switzerland.

For more information please visit FinLab's web site http://www.finlab.com or please contact:

Kristofer T. Kelleher
102 East State Street
Kennett Square, PA 19348
1.610.925.3814

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