Cartesis Appoints New CEO to Spearhead Push for BPM Leadership; Former Netscape and Asymetrix EMEA Head to Drive Global Growth.NORWALK, Conn. -- The Cartesis board(a) has appointed Didier Benchimol as Chief Executive Officer to drive the company towards its strategic business goals. The company aims to become the leading global BPM vendor within the next two years. Benchimol joins with over 20 years of experience bringing strong growth to technology companies, and delivering on their latent potential. Most notably, he has headed up industry names such as Netscape EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. , Asymetrix EMEA (as part of the Paul Allen
Paul Gardner Allen (born January 21, 1953 in Seattle, Washington) is an American entrepreneur. With Bill Gates, he formed Microsoft. Group) and Mips Computer See MIPS Technologies. Systems, and has played a senior role in taking four companies to successful IPOs. Through his work with the company as a former board member, Benchimol also understands the exact needs of the Cartesis business and its shareholders. The appointment is designed to accelerate Cartesis' development and progress as an organization, and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the opportunity posed by the burgeoning BPM market. This will be achieved by: placing greater emphasis on the product development side of the business; speeding up international expansion; partnering with the industry's biggest and best systems integrators and consultancies; and strengthening customer relationships to achieve even greater satisfaction levels. "Cartesis' potential for growth in a market currently undergoing a sea change, added to the investment that we are making in the company and the leadership of Didier, will enable the company to turn its ambitions into reality," said Gilles Rigal, General Partner with Apax, lead investor in Cartesis. "The BPM space is maturing, and so presents us with a real opportunity to take a leadership position," said Didier Benchimol, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cartesis. "Companies need to increase profitability while simultaneously managing changing compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). , such as Sarbanes-Oxley and IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System . Cartesis solves this complex business issue better than anybody, and is therefore a company whose time has come. "I am extremely pleased to be part of such an ambitious and forward-looking company which has the backing of top-ranking investors who understand what is at stake strategically for Cartesis," he continued. "The people within the company have made it successful, and will continue to do so moving forward. It is rare to find such extensive expertise on a global scale, within one company, and devoted to a single area like BPM. This puts us in a far stronger position than our competitors to capitalize on the opportunity." (a) The Cartesis board consists of representatives from each of the four Cartesis investors: Advent Venture Partners, Apax Partners, CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, Capital Technology Ventures and Partech International. NOTES TO EDITORS About Cartesis Cartesis provides today's multinational enterprises with a unique business performance management solution to deliver the whole 'story behind the numbers' with unparalleled clarity and insight. Leading companies around the globe rely on Cartesis software applications to get the full picture and offer timely and relevant information to their stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . The company maintains offices in Brussels, Frankfurt, London, Norwalk (CT), Paris, Tokyo and Utrecht. Cartesis products give global companies the analytic capacity In complex analysis, the analytic capacity of a compact subset K of the complex plane is a number that denotes "how big" a bounded analytic function from  can become. and the
flexibility they need to assess the rapid changes in their market
places. One in five of the Fortune Global 100 and more than 30% of the
Financial Times European 100 use Cartesis solutions to obtain
unprecedented command over their financial information and processes.
www.cartesis.com
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