The new role was created in response to increased audit scrutiny and frequency, along with a shift toward cloud ERP solutions, which has sparked a new wave of demand for modern tax compliance and reporting software solutions.
Along with his role as general manager, McCormick will also join the Sovos executive leadership team.
McCormick joins the firm from Interactive Data (now ICE Data Services) where he led the market introduction of new products focused on the asset management industry, including Avox, a unique data platform, and a variety of fixed income indices as senior director of product development. Earlier in his career, he has also held senior positions with Aite Group and Omgeo.
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