NEW YORK, August 2, 2010 /PRNewswire/ -- Netik LLC, a global leading provider of financial data management and reporting services and products, announced today the appointment of John Mason to the role of Chief Operating Officer. He will sit on Netik's executive management team reporting directly to Rob Flatley, CEO and President of Netik LLC.

Mason will assume responsibility for the direct management of the company's day to day global operations, as well as the strategic and operational leadership of Netik's sales department. His focus will be to expand Netik's drive into its key market areas of delta one trading data, managed reference data services and data warehousing. The role will also see Mason taking responsibility for the company's employees and clients across Netik's centers in Asia, Europe, Middle East, South Africa and North America.

The addition of Mason to Netik's executive team demonstrates how serious Netik is in attracting high quality, experienced staff as it continues to expand. I know he will apply his distinct set of skills and significant experience in financial services to focus and drive the company's performance forward, says Rob Flatley, CEO and President of Netik LLC.

Mason comes to Netik most recently from Smartstream where he was CEO of DClear Utilities and responsible for running the division's drive toward utility based industry solutions, having previously been UK Managing Director responsible for sales and services for Smartstream's range of financial solutions. Prior to joining Smartstream, he worked for Capco Reference Data Services (CRDS) as the Managing Director responsible for the EMEA region providing managed services and utility based offerings to the financial services industry. Prior to that, he held senior management positions with software solutions providers such as BCS Plc, Aleri and GoldenSource (formerly FTI).

About Netik

Netik is a global provider to the securities industry of financial data management and reporting services and products with operations in Asia, Europe, Middle East, South Africa and North America. As a growing and expanding company, Netik seeks to increase the sophistication and calibre of what it produces, as well as provide limitless services that bring together people, product, well-honed process and proven technology in the delivery of leading financial data management. Netik's data management products include Netik Global Securities Master, Netik GSMA(SM), a reference data managed service, Netik InterView(TM) a data warehouse for the storage of holistic financial data and Netik Information Portal(SM) to visualize and report on data. These Netik solutions sit at the heart of investment and securities operations at many of the world's leading Asset Managers, Hedge Funds, Wealth Managers, Private Banks, Prime Brokers, Fund Administrators, Custodians, Investment Operations Outsourcing providers and Investment Banks. For more information please visit http://www.netik.com

SOURCE: Netik LLC

CONTACT: Netik Media Inquiries: Paul Bowhay / Claudia Coleman, Tel:+44(0)20-7438-1100, netik@cognitomedia.com