Arria NLG Plc (LON:NLG) Chief Financial Officer Wayne Thornhill talks to DirectorsTalk about the release of it’s half year results. Wayne talks us through the highlights, explains how a change in strategy is supporting the revenue streams for the future, the market at the moment and how they are doing in the new financial year so far.
Wayne Thornhill is a Fellow of the Institute of Chartered Accountants in England & Wales and has extensive experience managing United Kingdom and international businesses, both public and private, through periods of rapid growth. He has experience of corporate transactions including preparing companies for flotation, re-listing, reverse-takeover, Class 1 transactions and mergers and acquisitions, and has handled both debt and equity fundraisings and refinancings.
Prior to joining the Company, Wayne was Chief Financial and Operating Officer at Mofilm, overseeing commercialisation of the concept and, establishing operations in the US, India & China. Between 2008 and 2010 he was Chief Financial and Operating Officer of Static 2358 which was previously sold to NASDAQ-listed Open TV for approximately US$59,000,000 in 2001, when Wayne was CFO. From September 2007 to February 2008, he was Interim Chief Financial Officer at CC Media Networks Inc., a cross-platform media and technology business with trading operations in the United Kingdom, Europe, Hong Kong and the Philippines. He obtained his B.A. (Hons) in American History and Politics from the University of East Anglia in Norwich, England.
Arria NLG Plc is a global company that trades publicly on the London Stock Exchange’s Alternative Investment Market (AIM: NLG). Headquartered in London with offices in New York, Aberdeen, Auckland and Sydney, Arria NLG serves markets across EMEA, North America, Asia Pacific, and the Middle East. The scientific foundation for Arria NLG’s technology is based on more than 30 years of research and development. Arria’s scientists have authored over 300 academic papers on the subject, and our senior scientists wrote the de facto textbook in the field, ‘Building Natural Language Generation Systems’. The company has a partnership with IBM Watson, using Watson’s question-answering functionality to incorporate compliance insights into data-driven reporting. It also has a partnership with Genpact, whose Lean Digital products help companies automate finance operations like credit reporting and financial planning and analysis (FP&A). Their combined solution will allow companies to automate complex business processing and automatically generate affiliated finance and compliance reports.