Canadian firm Mawer Investment Management is embarking upon its most ambitious IT project in its 46-year history. Mawer Investment Management Ltd.’s motto is “Be Boring. Make Money.” But its plans for a major IT infrastructure overhaul are anything but dull. Mawer (pronounced “more”) has just embarked upon its most ambitious IT transformation project in its… Read More >>
PGI Taps Eagle, Citisoft to Build Global IBOR
Principal Global Investors (PGI), the asset management subsidiary of the Principal Financial Group, reports that it is live with a hosted, portfolio accounting solution from Eagle Investment Systems that will serve as the firm’s centralized investment book of record (IBOR). The approximately four-year effort also involved investment management consultancy Citisoft, which partnered with PGI to… Read More >>
CloudMargin Hires from Calypso Technology
David Little to be Non-Executive Director for CloudMargin London, U.K.-based CloudMargin, a fintech firm formed in 2014 that offers a software as a service-based collateral and margin management platform, reports the appointment of David Little as non-executive director. Little, who will join the company’s board, is a financial services veteran with more than 20 years… Read More >>
SimCorp Targets North America with New Hire
Software and systems vendor SimCorp has hired Marc Mallet to be its vice president of product and managed services for North America, tasked with the expansion of these offerings in the region, officials say. Based in Chicago, Mallett will “lead an expanded North American team to ensure SimCorp continues to provide innovative solutions to the… Read More >>
