VANCOUVER, British Columbia — Selkirk Financial Technologies Inc., a developer of liquidity and treasury management systems and e-commerce solutions, on Tuesday announced the appointment of Douglas G. Hartsema as vice president of strategic development.

Formerly the head of Wachovia’s treasury services group, Mr. Hartsema will be responsible for developing strategic relationships with financial services providers. Through these relationships, financial institutions will be able to leverage Selkirk’s Web-based treasury technology to supplement their cash management product lines for middle-market clients.

While at Wachovia, Mr. Hartsema helped develop a Web-based outsourcing service that combined Wachovia’s treasury management expertise with Selkirk’s Web-based treasury technology. He said the experience demonstrated “the significant market potential for this service and the power of the Selkirk technology platform.”

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