XRT, a treasury management company, has hired Daniel Andres as general manager for Central Europe to replace Rudi Schlett who left to join Trema, a rival. Andres will be based in Bad Homburg near Frankfurt and be responsible for XRT's sales, marketing and product strategy in Germany, Austria, Switzerland and Eastern Europe. He joined from SimCorp, the Danish investment systems supplier, where he was managing director responsible for business activities in Europe, Middle East and Africa.

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