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Raymond A. Roy has over thirty-five years of data processing experience with the last thirty in the insurance sector. As Chairman & Chief Executive Officer, Ray is responsible for information technology services for MFX, as well as the Fairfax Financial Holdings, Ltd. group of companies and reducing overall information technology budgets. In the recent past, infrastructure, software and application changes have resulted in an annualized savings of US $45 million for two companies alone. MFX was developed to bring these same cost savings to the marketplace by offering information technology and eBusiness solutions developed and proven within the Fairfax companies.
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