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CAMINO CONSULTING EXTENDS SERVICE OFFERINGS FOR
CORPORATE TREASURY INITIATIVES
Camino assembles
team of industry veterans to provide strategic insight
to the treasury management community
ATLANTA, July 9,
2007 – Camino Consulting, a
leading consulting firm specializing in strategic
insight and technical solutions in the treasury management
and securities services markets, has extended its
offerings for financial institutions, technology
companies and corporate clients. The new service
will leverage the firm’s expertise to advise
clients on the impact to their business of current
corporate treasury and bank connectivity initiatives.
“
While there has been a growing interest in a number
of emerging corporate treasury initiatives, there
is currently a tremendous need for independent, unbiased
thought leadership in this market, particularly regarding
corporate connectivity to banks and CLS third party
participation,” said D. Randall Marcrum, managing
director and co-founder of Camino Consulting. “As
experts in SWIFT, CLS and the related technologies,
Camino is ready to respond to this need. We are thought
leaders for corporates and can provide guidance as
they evaluate the use of these specialized programs
and supporting technologies to improve efficiencies,
reduce risk, and facilitate greater straight-through
processing in their back-offices. In addition, we
are positioned as a resource for technology companies
and financial institutions seeking to develop ancillary
products and services for their corporate clients.”
“
We are happy with the strategic investment Camino
is making. It is very timely given the growing demand
of corporates connecting to SWIFT. Corporates are
seeking the unmatched reliability of a single connection
to multiple banks, and enhanced standardization for
greater efficiency,” said Luc Meurant, Head
of Corporate Access Program, SWIFT.
Jonathan Butterfield, Executive Vice President of
CLS Bank International commented, “I am very
pleased to see this wealth of experience being assembled
at Camino to provide both the thought leadership
and content expertise as corporates consider participation
in these major industry initiatives. These initiatives
require and deserve detailed assessment and I am
sure Camino can assist their clients to make an informed
decision, which is much bigger than a ‘project
choice’."
To assist with this new service and to cover anticipated
activity, Camino has augmented its practice with
industry veterans S. Wilson (Skip) Heaps, Ray Mulhern,
Tom Newman and Henry Waszkowski as senior advisors
to work with clients on a strategic basis.
Mr. Heaps is the president of Wilson Associates
and the former director of global product management
in the Global Treasury Services Division at Bank
of America. Mr. Heaps has over 25 years of senior
corporate treasury management experience with leading
financial institutions. As a senior executive, his
broad-based experiences encompass financial services,
including leadership positions in client acquisition,
product management and development, customer service,
marketing, and strategy development.
Mr. Mulhern, president of the M Consulting Group,
joins Camino with over 30 years of experience in
the operational, sales, marketing, strategic planning,
and product management aspects of the global payments
industry. He has worked with a range of clients and
organizations including SWIFT and other global payments
infrastructures throughout his career. He was previously
a senior vice president of Wachovia Bank, where he
was a member of the Payment Strategies Group until
2006.
Mr. Newman is an independent financial markets consultant.
He is currently working closely with the CLS Group
as a senior advisor focusing on strategy and new
product development. He was previously responsible
for product and relationship management at CLS. Mr.
Newman was part of the management team that developed
and launched CLS in 2002, the industry utility that
settles over $3 trillion of foreign exchange daily
for over 1000 entities. Prior to joining CLS, Mr.
Newman held a range of senior positions in the banking
and securities industry including such roles as Head
of Government Bonds, Chief Operating Officer, and
the London Branch Manager of a US bank.
Mr. Waszkowski is Managing Director of Treasury
Performance Group with over 30 years of experience
in Corporate Treasury Management, Bank Product
Management, Payment Systems and effective application
of technology. He consults with corporations, banks
and vendors with a focus on improving effectiveness
of Treasury organizations through process improvement,
and technology selection and implementation.
“With their extensive industry experience
and breadth of knowledge, these gentlemen will enhance
our ability to engage in a strategic dialogue with
our clients and complement Camino’s proven
expertise in advising clients on business driven
technology decisions and managing complex technology
oriented projects,” said Marcrum.
About Camino Consulting
Camino Consulting is a leading Atlanta-based consulting
firm that specializes in providing strategic insight
and technical resources for product, sales, and
operational activities in the treasury management
and securities services markets. Camino serves
clients throughout the world with a staff of experienced
consultants who each have over 20 years of practical
business experience in their fields of expertise.
The firm engages in a limited number of projects
each year to ensure a high level of service.
For further information please refer to www.caminoconsulting.com.
