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Payment systems provider names EVP global markets

NAPLES, Fla. — ACI Worldwide, an international provider of payment systems, has named Daniel Frate as EVP global markets and product management.

Frate most recently served as EVP and head of products and pricing at PNC Bank. Building on ACI's product leadership position, Frate will be charged with delivering customer satisfaction through tight alignment of product roadmaps with market needs. He 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. 

The company also announced that Ralph Dangelmaier, EVP, global markets, will be leaving ACI to head a privately-held company. Dangelmaier joined ACI through its 2006 acquisition of P&H Solutions.