Customers complete second round of successful AIFMD Annex IV regulatory filings
DUBLIN, LONDON, NEW YORK May 1, 2014 — Advise Technologies, LLC, an award-winning software solutions provider for investment managers, announced today that it has hired a new General Manager for Europe, Tom Cahill.
This announcement comes as Advise customers complete a second round of successful Alternative Investment Fund Managers Directive (AIFMD) Annex IV filings with European regulators.
As part of a continued commitment to Europe and growth in its European client base, Advise has expanded its European presence with local staff to provide the highest level of service to clients.
Bringing 20 years’ experience in the IT and software sectors, Tom has grown and led European operations at a number of technology companies, with special emphasis on reporting and analytics in the financial services industry. While Vice President EMEA at Jaspersoft (now part of Tibco) Tom and his team established clear market leadership in the largest European countries. Under Tom’s management, Interxion (NYSE:INXN) provided managed services for some of the best-known European names in finance. Tom has successfully started and scaled R&D, customer services, helpdesk, sales and marketing functions with local teams in Ireland, the UK, France, Germany and throughout Europe.
“Having watched Advise’s development for almost two years, and having witnessed this team establish clear market dominance and thought leadership, I’m fortunate to join the company at this very critical time. The market is developing daily in Europe and I firmly believe that Advise is perfectly positioned to deliver the most comprehensive solution set available and to develop ahead of the curve to meet the current and future needs of Fund Managers throughout the EEA.”
Advise founder Doug Schwenk stated “Advise leads the market in the US today and we now have every opportunity to play a lead role in Europe. Since first meeting Tom in 2012 I had no doubt that his particular mix of experience and skills would bring value to the company and to our customers and partners. Advise is delighted to have someone of Tom’s ability on board to lead and grow our European operations”.
The AIFMD electronic filing solution is available on Advise’s Consensus RMS platform, which provides the foundation for a robust and repeatable reporting process. Advise first launched an AIFMD module last year and has continued to update it to comply with ongoing guidance from the European Securities and Markets Authority (ESMA) and member state regulators.
For additional information on Advise’s AIFMD electronic filing solution or other products, please contact:
+44 (0)20 7043 4448
+1 (212) 576-1170
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