The Citco Group has named Ryan Fitzgerald as head of middle office solutions.
The appointment is part of a strategic investment by Citco, aimed at providing differentiated, customised solutions based on proprietary technology innovation, to a wide range of clients, according to the group.
Fitzgerald joins from Hazeltree Fund Services, a specialist treasury management solutions provider to the buy-side.
Citco’s middle office solutions provide trade matching, confirmation and settlement, collateral management, three-way reconciliation, treasury and payments services to single manager funds, multi-asset portfolios, private equity funds, real estate funds, fund of funds, family offices, endowments, pensions and insurance companies.
As part of its investment in middle office solutions, Citco will also be introducing a proprietary collateral management platform, as well as making enhancements to its existing Æxeo Treasury platform and further expanding its suite of services.
Jay Peller, head of fund services, said: “Ryan Fitzgerald’s appointment to lead this growing business is at the heart of our efforts to make our clients’ lives easier; his extensive treasury and collateral management experience will help us to continue to develop the right solutions that meet our clients’ changing needs.”
Commenting on his appointment, Fitzgerald added: “I am delighted to be leading a business that provides superior solutions that are scalable and cost-effective, providing fast and accurate data, and removing the burden of complex treasury and collateral processing.”
