Proponix hires senior management team

Bill Graham, president and CEO of Proponix, has announced the appointment of members of the venture's executive management team. Proponix offers an outsourcing model and state-of-the-art technology that will provide online transaction processing for global trade banks around the world. The company, a joint venture of Bank of Montreal, Barclays Bank, Australia and New Zealand Banking Group (ANZ) and American Management Systems (AMS), plans to open a regional processing hub in Hong Kong in late 2001.