Milestone Group, a specialist technology and operations company whose clients are mainly fund managers, has made two new appointments in the its London operation.
Robert Styles has been appointed as Sales Manager covering UK and European activities, and Jermaine Mitchell joins as Senior Associate. Styles reports to Jonathan Hicks, Global Sales Director.
Styles has worked for suppliers of software applications to fund managers since 1990 in sales management and relationship management roles. Mitchell has worked as an application and business specialist for Financial Models (FMC, which was acquired by SS&C Technologies) since 1998. Prior to SS&C, Mitchell worked as a senior fund accountant with INVESCO Perpetual.
Milestone says Styles and Mitchell will be responsible for introducing its pControl technology – a rules-based business application platform that aims to automate the daily funds processing cycle – to the UK and wider European markets.
Support is provided by Milestone for system integration, cash and stock reconciliation, unit pricing, pre and post – pricing validations, cash allocations, interfunding and re-balancing, distributions and unitised order management.
Milestone claims its approach is gaining attention as regulatory interest intensifies on operational transparency and risk management.
“We are extremely pleased to have attracted such experienced and well-respected people to springboard our UK activities,” says Jonathan Hicks, Global Sales Director of Milestone Group. “Our timing is perfect as the market demand is evident for our approach to deliver tangible benefits in funds processing, whilst leveraging from, and protecting, client organisations investment in infrastructure, without the need for the replacement of core platforms.”
Milestone Group was established in 1998.