Factbook News

Factbook appoint new Chief Operating Officer

October 5, 2009

Factbook, a specialist provider of fund reporting, marketing and data management solutions to the investment community today announces the appointment of Andrew Cheeseman to the newly created position of Chief Operating Officer.

He will be responsible for helping Factbook scale its operations, expand market presence and focus on ensuring that Factbook continue to effectively and competitively position their solutions. Andrew has over nine years of senior management experience in service provision to the fund industry – this after spending 10 years within the FMCG sector. In 2000 he joined Performa Consultants UK Ltd; a company focused on the provision of a composites software suite to accommodate GIPS compliance and related reporting, which dominated its market segment until it was acquired in 2008 by StatPro Group PLC. Prior to joining Factbook, Andrew was appointed by Milestone Group, an Australian company, to oversee the rapid expansion of their blue-chip fund processing and investment analytic client base into the EMEA region.

“I am delighted to announce Andrew Cheeseman’s appointment as Chief Operating Officer,” said Factbook’s CEO Abbey Shasore, “As our business has developed and grown, our organisation has become increasingly more intricate. We have identified the need for a dedicated leader to better manage our daily operations and provide greater focus on critical areas such as industry positioning, service line expansion, and company leadership development. Andrew’s extensive experience and background will be a valuable asset as we develop new operational and marketing initiatives.”

Andrew Cheeseman said, “Our goal is to ensure that Factbook remains a high-performing, results-focused company whose solutions offerings and client service standards are aligned with our clients’ needs. I am excited to take on this new and challenging role within a committed and fast-growing business. The Board is committed to building Factbook into the leading name in the investment reporting solutions market place and I am looking forward to playing my part in making that intention a reality.”

Factbook is a specialist provider of fund reporting, marketing and data management solutions. Its innovative and complete process automation allows investment firms to draw data from any number of sources and leverage it across all business areas, not only through the Factbook suite of products, but also any third-party application. Factbook solutions enable investment firms to adopt a strategic view when solving tactical issues regarding reporting, communication and data management.