Highline Financial Announces Strategic New Direction for Company Under CEO Terry Waters

1/12/2010

Firm to Expand Flagship HighlineFI Platform, Offering Marketplace Critical Banking Data and Analytics 

New York – Jan 12, 2010 – Highline Financial, the preferred source for banking information and tools for the financial sector, today announced a strategic new direction for the company and the expansion of its flagship HighlineFI product, to be led by information industry veteran Terry Waters, the company’s new President & CEO. 

Under Mr. Waters’ leadership, Highline Financial will continue to focus on its leadership in the banking sector while evolving into the capital markets space. This will be achieved through strategic partnerships and the delivery of new core capabilities in the HighlineFI platform, which is designed to deliver timely, accurate and comprehensive banking data and analytics efficiently to senior executives and their teams, allowing them to manage financial risks and make the right investment decisions.  Mr. Waters, who joined the company in May, was recruited to lead Highline Financial through this new phase of growth. 

To meet the fast-changing demands of its current and new clients, Highline Financial has invested in significant product and technology upgrades on the HighlineFI platform. These improvements include: website UI and platform upgrades; capital markets database expansion; improved tools and dashboards, daily news offerings and enhanced analytics. 

The result is an offering that is flexible, provides clients with an ease of doing business, and at a lower cost of ownership. “Terry’s extensive background in leading information and business services companies made him the ideal choice to head up this next phase in the evolution and history of Highline Financial,” said Rick Patterson, Partner at Spire Capital Partners, a key investor in Highline Financial.  “With his insight, experience and leadership, Terry has begun the process of opening up new markets for the HighlineFI product, and building new strategic partnerships with best-of-breed leaders in the financial sector. He will concentrate on leading the Highline Financial team in winning market share and new client mandates as the company embarks on a phase of fast track growth to meet demand.” 

Mr. Waters, CEO of Highline Financial, commented:  “Senior executives and their teams at our top clients are seeking a best-in-class source of banking data and analytics to inform their daily investment and business decisions. Our investment in the new HighlineFI platform reflects our commitment to developing the products and services that respond to the needs of our current and evolving markets.   Our comprehensive suite of information products and tools, as well as our open business partnership policy, addresses the operational requirements of our financial sector clients.” 

Mr. Waters brings to Highline Financial extensive strategic and operational experience in the business and information services sector serving financial services, information technology, government and other sectors. Previously, he was a senior executive with Gartner (NYSE: IT), the world’s leading provider of research and advisory services for the global information technology industry. 

About Highline Financial

Highline Financial is the preferred source of banking information and tools with decades of experience serving the financial industry.  Our mission is to deliver the highest quality and most relevant banking data and analytics solutions that enable our clients to manage financial risks and make profitable investment decisions every day, at a lower cost of ownership. We do this by combining our focused industry expertise in banking with best of breed industry partnerships to fulfill the real-time strategic needs of executives, business leaders and analysts in financial institutions, corporations and public sector agencies.   For more information visit www.highlinefi.com