Expert Details

Expert in Investment Management, Hedge fund, Operations, Back-office, Middle-office, Technology

Expert ID: 733070 New York, USA

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Expert is a Business Transformation Executive with distinctive experience turning around Operations and Technology organizations at top-tier global investment managers - both as an external adviser and a company executive. He has a diverse breadth of international experience across a range of world-class companies in North America, Europe and Asia. He has extensive industry expertise in Asset Management, Hedge Funds, Wealth Management, and Insurance, and deep functional expertise in Strategy, Operations, Trading, Technology, Data Management, and Client Development.

As the Chief Operating Officer and Chief Compliance Officer of Ada Investments, Expert radically improved the business operations of a quantitative equity hedge fund across Trading, Middle-Office, Back-Office, Investor Relations, Compliance, Technology, Legal, and Administration. As an executive at Bridgewater Associates, a global investment manager, he drove the largest transformation of middle- and back-office operations in the industry, and led a renovation of how technology is managed. As a senior management consultant at McKinsey & Company, he delivered top- and bottom-line business impact at financial services firms across the US, Europe and Latin America. As an engineer at Cisco and GE, he creatively applied technology to improve sales effectiveness and efficiency.

Expert earned an M.B.A. with distinction from INSEAD and a B.Sc. summa cum laude from Union College.

Expert may consult nationally and internationally, and is also local to the following cities: New York, New York - Yonkers, New York - Newark, New Jersey - Jersey City, New Jersey - Paterson, New Jersey - Elizabeth, New Jersey - Bridgeport, Connecticut - New Haven, Connecticut - Hartford, Connecticut - Philadelphia, Pennsylvania

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Education

Year Degree Subject Institution
Year: 2004 Degree: M.B.A. Subject: General Management Institution: INSEAD
Year: 2000 Degree: B.Sc. Subject: Computer Engineering, Economics Institution: Union College

Work History

Years Employer Title Department Responsibilities
Years: 2014 to 2015 Employer: Ada Investments Title: Partner, Chief Operating Officer (COO), Chief Compliance Officer (CCO) Department: Management Responsibilities: Transformed business operations of a quantitative equity hedge fund ($100M AUM, 22 staff, 2 offices).

Responsible for Fund functions (Trading, Middle-Office, Back-Office, Investor Relations) and Firm functions (Compliance, Human Resources, IT etc.)

Drove rapid improvement in business operations through process systematization, automation, vendor management and talent development, contributing 6% to annual net fund returns.

Fully redesigned high-volume quantitative trading (30M shares a month in 15 markets). Materially reduced trading costs and market impact through algorithmic strategies, end-to-end automation, and process design.

Negotiated and transitioned prime broker relationship to a top-tier bank to cut fund expenses and enhance service quality.

Delivered accounting system for complex portfolio of 4000 securities. Raised quality by automating 3-way P&L reconciliation.

Led successful due diligence engagements with investors.

Enhanced quality of marketing and investor communications.

Reduced firm risk through design and enforcement of stringent cybersecurity and compliance policies.
Years: 2010 to 2014 Employer: Bridgewater Associates Title: Senior Manager Department: Strategy and Transformation Responsibilities: Drove delivery for Bridgewater’s largest initiative - a four-year, 500+ person, $125B AUM strategy transforming Middle-Office and Back-Office operations in a unique outsourcing business model with BNY Mellon and Northern Trust.

Established and executed a multi-year strategy that radically improved BW’s business capabilities (e.g., to handle new financial instruments) and reduced risk, while minimizing disruption of day-to-day operations during implementation.

Conducted a deep review of the Asset Servicing and Fund Administration industry to select strategic partners for BW.

Designed a new tri-party business model, delivering reliable and rapid support and maintenance of fund operations.

Managed concurrent teams through the full product lifecycle from business requirements to deployment.

Delivered BW’s new systems (trading, portfolio management, accounting, data management) and new infrastructure on-time and within budget.

Orchestrated full-scale testing, proving out the viability of the integrated solution - staff, business processes, and systems.

Hired and ran a cross-functional organization of 50+ personnel from BW, outsourcers, consultants and vendors.

Owned commercial responsibilities (budgets, contracts, sourcing). Established new partnerships with technology vendors.

Led a comprehensive renovation of how BW manages technology and data across functions - business alignment, talent, architecture, development, operations and infrastructure.

Led a major effort for the Management Committee establishing BW’s technology and data renovation strategy. Collaborated with industry experts in assessing current-state, crafting the strategy, and hiring the implementation staff.

Drove holistic improvements in the quality of the architecture, software portfolio, data management, practices, talent, vendors of the Portfolio Management and Trading departments, creating additional business value and reducing risk.

Delivered BW’s first outsourcing of system maintenance and support, increasing customer satisfaction and reducing attrition.
Years: 2005 to 2010 Employer: McKinsey & Company Title: Associate Partner Department: Management Consulting Responsibilities: One of McKinsey’s key practitioners in financial services operations & technology, developing clients, and leading initiatives delivering top- and bottom-line impact at institutions across the US, Europe and Latin America.

Examples include:

Crafted a strategy for a wealth manager to re-architect its operations to increase customer retention and drive profitability.

Conducted M&A due diligence of a FinTech company for a top European private equity fund.

Designed a long-term sales strategy for a UK corporate bank to triple their regional market share with small businesses.

Led a long-term program at a global insurer to improve claims management outcomes and reduce costs through a combination of data analytics, predictive modeling of business rules, and innovative technology.

Launched a program to save $5B in operations and technology costs over five years for a Fortune 10 financial institution.

Created the M&A plan for a financial services firm, conducting post-merger integration for two $10B acquisitions.
Years: 2002 to 2004 Employer: Sanmina Title: Enterprise Strategic Initiatives Project Manager Department: Sales & Marketing Responsibilities: Managed a five global analysts executing business and technology projects increasing sales & marketing effectiveness.

Created a management tool to enable real-time visibility of sales data from 110 facilities, improving revenue forecasts by 20%.
Years: 2000 to 2002 Employer: Cisco Systems Title: Information Technology Engineer Department: Sales & Marketing Responsibilities: Ran cross-functional teams creating online business solutions raising sales force effectiveness and distributor revenues.

Initiated exhaustive data analytics of accounting systems after discovering irregularities, uncovering $3M in fraudulent claims.
Years: 1998 to 2000 Employer: General Electric Title: Information Technology Engineer Department: GE Energy Responsibilities: Implemented Six Sigma quality projects, including a new online application to increase compliance with safety regulations. Resulted in 20% fewer accidents and higher employee productivity. Project concept was adopted across GE’s businesses.

International Experience

Years Country / Region Summary
Years: 1993 to 1996 Country / Region: Singapore Summary: High school student
Years: 1993 to 1996 Country / Region: France Summary: Business school student in Fontainebleau, France
Years: 1993 to 1996 Country / Region: UK Summary: Management consultant in London

Language Skills

Language Proficiency
Hindi Native proficiency

Fields of Expertise

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