Financial software provider BI-SAM has announced that William Haney, currently the vendor’s chief operating officer (COO), will be moving into the top spot, taking over as CEO, effective January 1, 2015, according to a company statement.
Haney will succeed BI-SAM’s founder and CEO Alexandre Harkous, who will remain a board member and a “significant shareholder of the company,” BI-SAM officials say.
Harkous will work closely with the new executive team “to position BI-SAM for continued growth in new asset management verticals and in exploring extensions of the company’s offerings through organic initiatives and acquisitions,” the statement says.
“Since the credit crisis, performance analytics have increased in strategic importance as both asset managers and their clients demand more insight to investment performance via more sophisticated digital capabilities,” says Harkous in a prepared statement.
“BI-SAM is … embarking on a five-year strategic program to ensure we continue leading the performance needs of demanding asset managers and asset owners,” Harkous says. Haney is “the ideal leader” to position BI-SAM for “continued success,” he adds.
Prior to joining BI-SAM, Haney served in several leadership roles at Thomson Reuters, spanning data, desktop, analytics and software businesses servicing the buy side, banks and publicly-listed companies that represented up to $300 million in annual revenue, officials say.
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