WESTPORT, Conn., May 8, 2006 (PRIMEZONE) -- Wendy Cheng-Wong has been named Director of Financial Services for the Westport, Conn.-based Proposal Software, Inc. (www.proposalsoftware.com). The announcement was made today by John Laurino, CEO of Proposal Software, Inc.
Cheng-Wong, who will be based in New York City, officially assumed the new position May 1.
Said Laurino, "Wendy's background as a database administrator and proposal manager for several major asset managers reflects our commitment to attract only proposal professionals with demonstrated experience in the field. We never forget that our clients are the experts and that our job is to support them with best-in-class proposal tools and service. Wendy knows what our clients face every day. She is equipped to deliver time-tested solutions to any proposal team in the financial services sector."
Proposal Software, Inc.'s flagship product is the leading proposal management software Proposal Management and Production System, (PMAPS)(r).
Prior to her appointment at Proposal Software, Inc., Cheng-Wong was an assistant vice president with the Global Transaction Services division at Citigroup in New York City. At Citigroup, she was a database administrator and proposal writer responsible for global custody and master trust services to institutional clients. Her responsibilities included marketing securities lending, accounting and reporting, benefit disbursements, foreign exchange, and performance measurement services.
Prior to Citibank, Cheng-Wong was an assistant vice president at Deutsche Asset Management. She has also served as a proposal manager and database administrator at Daiwa SB Investments where she developed and implemented innovative procedures to respond to RFPs and RFIs.
Cheng-Wong cited her experience using PMAPS(r) as a deciding factor in her decision to join Proposal Software, Inc. "Given my industry background, I truly believe in the value proposition that Proposal Software Inc. offers its clients. I look forward to serving our clients through a long and rewarding partnership."
Cheng-Wong holds a Bachelor of Science degree in management and marketing from New York University's Stern School of Business. She is fluent in two Chinese dialects, Mandarin and Hakka.
About Proposal Software, Inc.
Proposal Software, Inc. is a developer of the leading proposal management platform PMAPS(r). Originally developed in 1994 and currently in its tenth generation, PMAPS(r) is in use at over 100 major health care, financial services, and Fortune 1000 companies worldwide, including Blue Cross Blue Shield of Massachusetts, the WellPoint family of health care companies, AAM-Investment Management, Blue Asset Management, and Fred Alger Management.