NAPLES, Fla., Aug. 7, 2012 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW), a leading international provider of payment systems, announced today the appointment of Daniel Frate as EVP, Global Markets and Product Management.
Mr. Frate brings more than twenty five years of payments experience to this new role, having most recently served as Executive Vice President and Head of Products and Pricing at PNC Bank.Building on ACI's product leadership position, Mr. Frate will be charged with delivering customer satisfaction through tight alignment of product roadmaps with market needs. Mr. Frate will be based out of the company's Naples, Florida headquarters.
"Dan has a keen appreciation of the customer's perspective and is an excellent addition to the executive team," said Philip Heasley, President and CEO, ACI Worldwide. "With oversight of the sales and services functions as well as product management, Dan will ensure that we continue to meet our customers' needs by delivering market-leading solutions."
David Morem, currently EVP, Global Products and a senior ACI executive since 2006, will transition to the role of EVP, Global Maintenance. He will lead the product maintenance and customer support operations for the company, and will be responsible for delivering world class support for all ACI products, a key aspect of the company's priority on customer satisfaction.
"Dave's team of payments experts are dedicated to ensuring the long-term success of customer deployments," said Mr. Heasley. "Unique in the payments marketplace, ACI supports customers for the lifetime of their applications, which includes investments in ongoing maintenance and mandates updates for all ACI products."
The company also announced today that Ralph Dangelmaier, Executive Vice President, Global Markets, will be leaving ACI to head a privately-held company. Mr. Dangelmaier joined ACI through its 2006 acquisition of P&H Solutions.
"I would like to thank Ralph for his dedication and tireless commitment to ACI," said Mr. Heasley. "He has built a robust team that will continue to lead the payments marketplace."
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 1,650 financial institutions, retailers and processors around the world.ACI software enables $12 trillion in payments each day, processing transactions for 14 of the leading global retailers, and 24 of the world's 25 largest banks.Through our integrated suite of software products and hosted services, we deliver a broad range of solutions for payments processing, card and merchant management, online banking, mobile, branch and voice banking, fraud detection, and trade finance.To learn more about ACI and the reasons why our solutions are trusted globally, please visit www.aciworldwide.com. You can also find us on www.paymentsinsights.com or on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2012.
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