Funds network Calastone has appointed Nick Parsons as chief technology officer (CTO), responsible for the firm’s technology operations, product strategy and development.
Bringing over 30 years’ experience in the IT and asset management industry, Parsons specialises in financial sector solutions for fund managers, wealth managers and administrators. Before joining Calastone, he held various C-level leadership roles at Bravura Solutions, DST Global Solutions, etc.
Additionally, Calastone has appointed Adam Belding as chief architect, who will lead the firm’s digital investments programme and collaborate with clients to enable new digital tokenised investment models.
Julien Hammerson, chief executive officer at Calastone, commented: “The funds industry is undergoing a transition to digitalisation. As our network continues to grow, Nick will be instrumental in leading our future technology strategy as we expand the business into new verticals and continue to support our clients through the next phase of automation.
Adam will play a critical role in leading the funds industry into a new era of tokenised investment vehicles becoming the standard.”
Parsons commented: “I am thrilled to be joining the company pioneering the digital transformation of the funds industry globally and transforming multiple new areas of the value chain, and I am looking forward to working with Adam in his new role as we bring our digital investments platform to market.”