SmartStream Appoints New Head of Transformation Services

SmartStream Technology has recruited Tom Dalglish to manage its transformation projects for post-trade processing and data management services for global clients.

In his new role as head of Transformation Services, Dalglish will be responsible for managing the back-office transformation programme with one of the largest banks in Europe.

Dalglish’s previous role placed him at the head of iGATE’s global transformation operations, a position, which made him responsible for the design and deployment of iGATE’s data utility strategy.

Previous roles have included CTO for Global Data Services running at UBS, as well as numerous senior management roles for enterprise reference data initiatives at Bank of America Merill Lynch, Bear Stearns and J.P. Morgan. At the latter two firms Dalglish was executive director for Enterprise Reference Data.

SmartStream CEO, Philippe Chambadal, states, “We are thrilled to have Tom on board with his immense amount of experience as we are helping financial institutions with major transformation projects. Many firms need to retool their current infrastructure to support new regulatory requirements and improve operational efficiency. The adoption of utilities is helping the industry on both accounts: by mutualising back-office functions such as EDM into shared centres of excellence, firms are able to reduce operational cost by 40 to 60 percent and respond faster to regulatory demands.”