Multifonds names Keith Hale chief executive officer

Investment fund software provider Multifonds, which processes 30,000 funds across various regions, has appointed Keith Hale as chief executive officer.

The Temenos-owned company said Hale, previously executive vice-president of client and business development at the firm, would lead Multifolds as it targets expansion into new markets, asset classes and fund structures.

Hale succeeds Oded Weiss, who retains a strategic advisory position providing senior counsel to key clients on global initiatives. Sern Tham, Multifonds’ global head of research and development and the rest of the management team, remain unchanged.

Hale joined Multifonds in 2010 as global head of transfer agency. Prior, he was co-founder and head of Europe, Middle East and Africa at Netik.

Over the past five years, Multifonds has entered partnerships with firms including BNP Paribas, Credit Suisse, HSBC, Northern Trust, Union Investments and Standard Chartered Bank. Its software has been adopted by a wide array of financial services firms, including China Construction Bank, Great West Life, GAM, State Bank of India and JPMorgan.

In total, the firm processes assets of around $6 trillion (€5.3 trillion) for traditional and alternative funds.

Hale said it was imperative the firm innovated in the face of rising regulation, continued market uncertainty and the increasing threat of market disruption.

©2016 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST