Teknometry, the on-demand performance analysis software provider for investment managers announced that it has signed up buy-side software entrepreneur Anthony Howland as director.

Anthony Howland has held senior positions in numerous software firms, including Milestone Group and BI-SAM Technologies S.A. He co-founded GIPS (Global Investment Performance Standards) compliance vendor Performa Consultants in 1999 and successfully sold the company to StatPro Group in 2008.

Teknometry’s managing director Mick Brant says: “Anthony has been working with us since the start of the year and has now joined Teknometry as a shareholder and director. Anthony has been instrumental in some major product developments that will be released in the autumn. We are delighted to have such a respected industry expert on board.”

Howland’s arrival follows a successful twelve months for Teknometry, receiving a Special Commendation at the Funds Europe Awards in November 2013 in the ‘Middle Office’ category and winning the Best Cloud Migration Project category at the UK Cloud Awards 2014 for its deployment at Royal London Asset Management.

“The asset management community needs smaller, nimble vendors who can carve out a niche and rapidly respond to client needs. Technology firms who provide investment managers with the ability to adapt their business models to maximise immediate business opportunities,” says Steve Young, CEO of Citisoft PLC, the global investment management consulting firm.

“Anthony Howland and Mick Brant are both seasoned entrepreneurs with a track record of delivery. They understand the kind of innovation that asset managers are crying out for. Teknometry is creating a very interesting proposition and I will watch their development with great interest,” adds Young.