Alysis Technologies a leading provider of Electronic Bill Presentment and Payment and Internet statement distribution software, Monday announced that Louis F. Provenzano has been named Senior Vice President of Worldwide Sales. In his new role, Provenzano will be responsible for capitalizing on significant revenue opportunities that the global e-presentment marketplace offers. Provenzano comes to Alysis from Loan Pricing Corporation, a Reuters subsidiary, where he was Senior Vice President and Director of Sales and Marketing.
While at Loan Pricing Corporation (LPC), Provenzano directed the sales and marketing efforts for the world’s largest publisher of statistical analysis of syndicated and commercial loan information. As one of LPC’s original employees, Provenzano developed the company’s national sales force and launched a series of proprietary risk management and commercial syndication products for financial services companies around the world. Provenzano also helped LPC create, package and sell bank portfolio analytical applications that helped the company become one of the most profitable Reuters subsidiaries.
Kevin Moran, president and CEO of Alysis Technologies, described the signing of Provenzano as a key factor in Alysis’ growth strategy. “In the past year, Alysis has focused its efforts on the rapidly growing electronic presentment marketplace, emphasizing solutions for electronic bill presentment and payment (EBPP), Internet statement distribution and business intelligence, especially in the financial services market,” said Moran. “We believe that Louis’ experience in banking, particularly in the syndicated and commercial loan sectors of the industry, will help us significantly accelerate our efforts to provide e-commerce solutions to both financial institutions and other document intensive industries.”
During his tenure at Loan Pricing Corporation, Provenzano also played a key role in building the company’s popular Loan Connector service, which offered customers Internet-based, real-time access to commercial loan and syndication information. Loan Connector is now in use at more than 400 financial institutions worldwide, including many of the leading banks and investment banks that syndicate commercial loans. Before joining Loan Pricing Corporation, Provenzano was Director of Portfolio Management for First National Bank of Chicago’s South American Division. Fluent in five languages, he oversaw trading and portfolio management for leading private banking clients in South America. “Our entire economy is moving toward an Internet-based model. Part of the great draw of joining Alysis is the opportunity to work with the industry leader and innovator in e-presentment just as the technology is taking off,” said Provenzano. “Alysis has a terrific combination of business and technical expertise and a unique background in Internet presentment. All that remains now is to build on the tremendous foundation that has already been created.”
About Alysis Technologies
Alysis Technologies develops and delivers software products that allow leading edge financial service organizations to integrate the power of the Internet with their network document repositories to provide the ultimate in customer service and one-to-one marketing. Its client base includes 20 percent of the largest banks in the United States, the largest mutual fund organizations, leading global brokerage firms and many of the world’s largest information technology outsourcing companies. For more information, please visit [http://www.alysis.com].