12 March 2011
Tim Ferguson brings extensive experience selling multiple technologies across global markets

DirectFN, the pioneer in providing real time market data, market moving news and other tools to analyze the markets in the Emerging and Frontier markets, and a subsidiary of National Technology Group (NTG), has announced that it has recently appointed Tim Ferguson as Head of Sales - Technology Solutions. Ferguson brings to DirectFN his extensive sales experience in global markets and across multiple technologies, whether for high-frequency trading, enterprise OMS systems or hosted multi and cross-asset solutions.

DirectFN revealed that the appointment is part of a continuing thrust to further boost the company's sales performance, complementing ongoing efforts to strengthen its portfolio of industry-leading technology solutions. Prior to joining DirectFN, Ferguson was in charge of Sub-Saharan sales for the Bloomberg product suite, Emerging Market sales at Fidessa and more recently as UK Sales Director for RTS, specialist provider of derivatives OMS solutions, focusing on sales in the UK and Russia.

Manjula Jayasinghe, Director of DirectFN, said: "Having built a strong market base that includes the largest financial institutions across the Emerging and Frontier markets, DirectFN continues to seek new growth opportunities and to enhance our sales performance. The appointment of Tim Ferguson as Head of Sales - Technology Solutions gives us greater leverage to develop more effective sales strategies, taking advantage of Tim's vast experience in dealing with global markets and a wide array of leading brands. This move also reassures our customers that DirectFN will continue to invest in world-class expertise and resources to maintain the high level of quality and excellence in the delivery of our products and services."

Tim Ferguson said: "Based on my experience with leading global suppliers, I am impressed with the depth of functionality already present within DirectFN and the company's extensive intellectual resources. Joining DirectFN therefore opens exciting possibilities for me and I am likewise looking forward to leverage my experience and expertise to drive the sales performance of the company and bring its industry-leading solutions to a much wider global audience."

DirectFN specializes in broad range of solutions including desktop information workstations, transaction systems and order management systems, and total end-to-end solutions. DirectFN™ products are branded as "Mubasher" and are deployed in some of the largest financial institutions across the Emerging and Frontier markets. DirectFN is also a provider of exchange information to institutions via direct feeds or its DirectFN workstation, which includes reference data, charting tools and other content required by both the professional and retail investment community in the Middle East and global investment community. Available in multiple languages, DirectFN solutions are powered by industry standard, cutting-edge technology that combines timely and accurate data and order management with the highest quality of service.

NTG is a group of companies specialised in the field of information and communication technology, providing specialised solutions according to the highest international quality standards.

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© Press Release 2011