Cambridge Mercantile Group

Cambridge Mercantile Group

June 03, 2013 11:53 ET

Cambridge Mercantile Group Appoints Michael Rockouski as New Senior Vice President of Financial Institutions

TORONTO, ONTARIO and NEW YORK CITY, NEW YORK--(Marketwired - June 3, 2013) - Cambridge Mercantile Group

- Michael A. Rockouski brings over 15 years of experience from the financial and payments industry.

- Industry veteran will help build opportunities in financial institution vertical and partnership programs.

- New addition further drives Cambridge's North American growth strategy.

Cambridge Mercantile Group, a leading global foreign exchange and payments company, today announced the appointment of Michael A. Rockouski as Senior Vice President, Financial Institutions.

"Michael brings the right talents and experience to this new position, as we continue to strengthen and expand our influence in the financial institutions market in North America," said Jacques Feldman, president of Cambridge Mercantile Group. "His extensive background in retail, consumer and financial services, as well as outsourcing and customer service, will make him an enormous asset to Cambridge and its partners adding further value to the premier services that we offer to this vertical."

Mr. Rockouski, who will be based in Denver, Colorado, will be primarily responsible for the development of Cambridge's Financial Institutions services across North America. He will also focus on growing and maintaining the company's strategic partnerships with core banking system providers in the region. Over the 15 years of his career in international payments, Mr. Rockouski has held key management positions with a number of the world's largest payments firms. Prior to his new role at Cambridge, he served as vice president of Financial Institutions and Partnerships with Western Union Business Solutions as well as director of sales at Travelex Currency Services Inc.

"I look forward to working with the dedicated and talented team at Cambridge in growing the company's presence within a series of principal verticals," commented Mr. Rockouski, the new senior vice president, Financial Institutions at Cambridge Mercantile Group. "Over the past 20 years, Cambridge has established themselves as a premiere foreign exchange and international payments company, and I am excited to build on their achievements by sharing my expertise and leadership to position them for great success in their new strategy."

About Cambridge Mercantile Group

Since its inception in 1992, Cambridge Mercantile Group has grown to become a leading provider of global payments and currency risk management solutions. With more than 14,000 clients worldwide, Cambridge is among the largest bank-independent providers of hedging and risk management products, powered by technologies widely regarded as industry leading. Cambridge delivers a superior level of service to clients through extensive knowledge of foreign exchange and award winning operational capabilities, supported by an experienced trading, account management and consultative sales team. With offices strategically located across the globe, including North America, Europe and Australia, Cambridge facilitates the secure movement of over $20 billion dollars annually. For more information, visit www.cambridgefx.com.

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