FundGuard’s capabilities will implemented by State Street for its Alpha clients that offer mutual funds and ETFs, alternatives, insurance, and pensions.
New hire will be responsible for growing the firm’s revenue through the expansion of new and existing channels.
The investment management platform will use the injection of funds to bring on additional resources and identify new areas to expand its products and services.
Former State Street and BNY Mellon executive joins new AI-powered asset servicing platform FundGuard
FundGuard adds experience to its ranks after $12 million funding round earlier this year which saw backing from former State Street, HSBC and JP Morgan executives.