TowerGroup today announced that it has expanded its Securities & Investments research practice with two new analyst hires, Peter Delano and Matt Nelson.
Delano joins as a senior analyst in the TowerGroup Investment Management practice. In this role, he will focus on technology trends across the investment management market, including specific work on client servicing models and best practices, compliance technologies, and the increasingly complex relationships the buy-side has with distributors who sell its products. Delano brings 13 years of experience linking business needs and technology solutions. His roles have included Intranet/Internet development and oversight, call center management, mutual fund and retirement plan recordkeeping, process improvement, desktop and workflow tools, shareholder communications, and transfer agent operations. He spent five years at IXIS Asset Management Services and eight years that included roles at both Scudder and Putnam Investments. He also holds Series 6 and 63 registrations from the NASD.
Nelson joins as an analyst in the TowerGroup Investment Management practice. Nelson’s research work will focus on portfolio accounting, position management, and related peripheral applications. He will also cover the analytics space-examining both the tools and the application of those tools to both traditional and nontraditional investment portfolios. Before joining TowerGroup in 2005, he spent 10 years in the financial services industry, most recently focusing on performance analytics technology at Fidelity Investments and with the company’s institutional cash management products.
Before that, Nelson worked with data management FT-Interactive Data and with the funds servicing business of Forum Financial Group (now part of CitiGroup) and started his career with Dean Witter Reynolds.