RMS Appoints Chief Technology Officer

Risk Management Solutions has appointed Philippe Stephan chief technology officer (CTO).

Stephan has more than 20 years’ experience in software development and will apply his technology and leadership skills to the field of advanced analytic applications, driving the architectural design and development of RMS’ next generation of software.

“As catastrophe modeling becomes increasingly embedded in core business processes, we are raising our investment in software technology to deliver extensible and scalable modeling solutions for our clients,” commented Hemant Shah, president and CEO of Risk Management Solutions.

Before joining RMS, Stephan was the CTO and head of product development at Moody’s KMV, where he was responsible for the development of a suite of enterprise-class portfolio credit risk modeling and risk management products. Prior to that, he was head of systems for Credit Agricole Lazard Financial Products Bank, where he designed and built front-to-back trading systems, and was a software architect at Société Générale Bank, where he redesigned an option pricing system that led to the opening of a new structured product desk.

Stephan will be based in RMS’ headquarters in Newark, Calif.