Zurich, Switzerland – March 8, 2019 – Fides Treasury Services Ltd., the global leader in multi-bank connectivity and communications, has announced that Jan Hugelshofer has been appointed as the firm’s chief risk and compliance officer. Hugelshofer will oversee all risk management and compliance activities at Fides.

“Ensuring the safety and security of our systems and data, and any data shared by our clients, is one of Fides’ highest priorities,” said Fides CEO, Andreas Lutz. “Jan brings a wealth of experience to the table and I am pleased to have him on board to ensure Fides’ security and compliance.”

Hugelshofer has more than 15 years of risk management and IT security experience. He has spent the majority of his career in financial services but also has experience providing consulting services to critical infrastructure services in the public sector. Hugelshofer has held several management positions at Credit Suisse, including head of risk assessment services in Switzerland and risk coverage for technology infrastructure. Prior to joining Credit Suisse, he was head of IT Risk and deputy CISO at Raiffeisen and a consultant for PricewaterhouseCoopers.

“I am honored to be a part of Fides’ continuing journey,” Hugelshofer said. “Fides has a history of deep commitment to compliance with the laws, rules and regulations that govern our business operations and services. It is a privilege to continue to uphold those traditions while ensuring compliance in our constantly changing environment.”

ABOUT FIDES

Fides is the global leader in multi-bank connectivity and transaction communications.

With the industry’s largest bank connectivity network, Fides helps over 3,000 active clients communicate with more than 10,000 banks globally.  Our geographic reach spans 170 countries across the Americas, EMEA, and APAC regions.

Committed to helping corporations optimally connect and interact with their banks for over a century, Fides’ solutions deliver critical multi-bank account statement, payment workflow and reporting capabilities that allow treasury and finance teams to easily, accurately and securely communicate with their banks through any possible channel such as SWIFT, EBICS, SFTP or any alternative network.

Press Contact: Please email marketing@fides.ch for all press inquiries