News & Events

FOR IMMEDIATE RELEASE: 29th May 2009

Building on success

Dovetail today announced the expansion of their New Jersey offices to support the growth they are experiencing in the market.

They also announced a new enhanced management team to improve the focus on some key business areas.  Barry Tooker becomes SVP Global Product Strategy, leading marketing and working closely with clients, prospects, industry associations and regulatory agencies to define product strategy and to synthesize future product requirements. David Chance joins the management team with global responsibility for Product Management. David brings more than 20 years experience in global payments, the last 9 of which were in product management.  He has worked for major US and international product and service providers delivering payments solutions to the world’s leading banks.

“We now have unrivalled experience in designing and implementing payments services hubs with two of the top five payments banks strategically invested in the Dovetail Payments System. With this further expansion, we are well on the way to building the world’s biggest center of excellence specialising purely in payments.” says Martin Coen, Dovetail's Group CEO.

About Dovetail

Dovetail provides enterprise-class solutions that support the robust, flexible, scalable, and cost effective processing of banking payments. Founded in 1999 with offices in London and New Jersey, Dovetail has delivered innovative solutions to some of the world's leading banks. The Dovetail Payments System automates the processing of a wide range of payments, from bulk ACH clearing to global RTGS settlement, supporting both straight through processing and manual entry and repair. It is universal, covering wholesale and retail, high value and low value, urgent and non-urgent, single and bulk payments; in multi-currency, multi-company, and multi-entity operations. The secure, Web-based front end allows local and remote payment entry and repair, liquidity management, and comprehensive exception management. The system fully supports ISO 20022 messaging ensuring no truncation of data. It is component based and built on modern open standards and technology to give the greatest flexibility in choice of hardware and technology platform.

Press Contact

In the UK:
Peter Cremona
Director, European Business Development
+44 20 7997 1200
E-mail: petercremona@dovetailsystems.com

In the US:
Paul Morris
SVP, North American Sales
1-973-882-9922 x223
E-mail: paulmorris@dovetailsystems.com

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