The office in Frankfurt will be run by new hire, Marcus von Rahden, who has over 20 years of experience in financial services. He will be acting Director and responsible for all operations in the region. Prior to joining SmartStream Marcus worked at Moody's Analytics and was responsible for their regulatory compliance solutions to address Solvency II and Basel III. Previous to this he worked for several financial software vendor organisations.

Marcus von Rahden, Director, SmartStream Technologies states: “I am looking forward to working with SmartStream at their new offices in Frankfurt. At SmartStream we have realised the value of what has been built over a long period of time and I'm looking forward to developing the services and utilities business and to continue with our strong investment plans."

The new team in Frankfurt will be working closely with the product development teams in Austria and the UK, as well as the head office in London. They will be servicing the existing Corona and TLM client base in Germany as well as new customers.