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Alternative Market Briefing

SS&C poaches Citco CIO for hedge fund admin business

Friday, February 22, 2019

Laxman Pai, Opalesque Asia:

SS&C Technologies Holdings has appointed Joseph Maxwell as technology head of SS&C GlobeOp's hedge fund administration group, to lead the firm's hedge fund technology and fund administration business.

Maxwell is from rival fund administrator Citco, where he spent over 12 years, 8 of which he served as the Chief Information Officer (CIO) for the Citco Group of Companies. He has also held senior positions at BDO Seidman, LLC, The Hackett Group and Deutsche Bank.

Maxwell will be responsible for driving SS&C's technology solution strategy to strengthen the firm's hedge fund technology and fund administration.

"Maxwell will manage all aspects of our fund administration technology and will work closely with clients to create greater efficiencies and innovation for their funds," said Kenneth Fullerton, head of SS&C GlobeOp's hedge fund administration business.

"With the acceleration of technological advancements, such as machine learning, natural language processing and robotics, I became very interested in joining a technology-focused firm," said Joe Maxwell. "After meeting with SS&C executives, I was sold on SS&C's technology vision and commitment to transform the hedge fund industry."

Joe earned a B.S. with a dual concentration in Finance and Marketing from Long Island University and he holds a Master's Degree in Finance from Adelphi University.

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