New Regional Industry Expert Brings Total Number of Insurance Experts to Seven
ROSEMONT, Ill., Jan. 12 /PRNewswire-FirstCall/ -- Kanbay International,
Inc. (Nasdaq: KBAY), a global IT services firm focused on providing solutions
to the financial services industry, today announced the addition of Mark
Fowler as a new regional insurance expert in its Global Insurance Practice.
Kanbay continues to grow its insurance practice with the addition of six new
insurance clients in 2005.
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With the appointment of Mr. Fowler in Asia-Pacific, Kanbay further
strengthens its insurance domain expertise and ability to deliver high-value
IT solutions to health, life and property & casualty providers around the
world. Kanbay insurance experts each have more than 20 years of experience
working with leading insurance providers on IT solutions and services. In
total, Kanbay now maintains seven insurance experts across the globe -- a
significant number of high-level experts for any onsite/offshore IT service
provider.
"We're proud to have a very high ratio of insurance experts to
developers," said Aparna U. Katre, Executive Vice President of Global Business
Innovation at Kanbay. "Kanbay's mission is to provide our clients with the
deepest domain expertise among IT Providers. Mark's addition strengthens our
focus in providing clients with world-class domain expertise. Kanbay has
Insurance experts in North America, Europe and Asia-Pacific, bringing industry
expertise to our clients across the globe."
Mr. Fowler's addition to the global insurance practice is part of Kanbay's
ongoing recognition that the insurance industry requires an innovative total
insurance solution provider to help transform their business -- a partner
heavy in both domain and technology expertise, including both core and
peripheral IT systems.
Mr. Fowler brings more than 20 years of financial services expertise to
Kanbay, with a particular emphasis on IT solutions design, software
development and project management in Asia-Pacific. He will be based out of
Kanbay's office in Sydney, Australia.
Previously, Mr. Fowler was a Business Solutions Manager at Computer
Sciences Corporation Australia, where he was responsible for identifying,
developing and implementing IT solutions for financial services organizations
in the region. Prior to that, he was a Project Director of eBusiness
Solutions, where he developed and managed customer facing insurance portals
and ASP solutions for workers compensation, compulsory third party insurance
and retirement savings.
About Kanbay International, Inc.
Founded in 1989, Kanbay International, Inc. (Nasdaq: KBAY) is a global IT
services firm focused on the financial services industry. With over 5,000
associates, Kanbay provides its services primarily to banking institutions,
insurance companies and securities and investment firms. The company uses a
global delivery model to provide application development, maintenance and
support, software package selection and integration, business process and
technology advice, and specialized services. Kanbay is a CMM Level 5 assessed
company headquartered in greater Chicago with offices in the U.S., Canada,
U.K., Australia, Hong Kong, Japan, Singapore and India. Further information
about Kanbay can be found at http://www.kanbay.com .
Forward-Looking Statements
This press release may contain statements, which are forward-looking
statements under the federal securities laws. Any forward-looking statements
represent our views only as of the date of this press release, and such
forward-looking statements should not be relied upon as representing our views
as of any subsequent date. These statements are subject to a variety of risks
and uncertainties that could cause our actual results to differ materially
from the statements contained in this press release. For a discussion of
important factors that could affect our actual results, please refer to our
SEC filings, including the "Risk Factors" section of the Company's Annual
Report on Form 10-K for the most recently ended fiscal year.
SOURCE Kanbay International, Inc.
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Related links:
http://www.kanbay.com
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CONTACT:
Debra Johnson of Kanbay International,
+1-847-384-6151, media@kanbay.com ; or Katja Schroeder of Ruder
Finn, +1-212-593-6441, Kanbay@ruderfinn.com
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