Calastone has appointed Nick Parsons as chief technology officer. In this role, he will be responsible for technology operations as well as product strategy and development.
The global funds network say that digital innovation remains a key priority and Parson’s appointment reflects this. Parsons will work closely with newly-appointed chief architect Adam Belding.
Belding leads Calastone’s Digital Investments programme to enable new digital ‘tokenised’ investment models.
On his appointment, Parsons says: “I have long admired Calastone’s history of adapting and innovating to meet market needs across the asset management industry and the business is well placed to support asset managers and servicers on their digitalisation journey.
“I am looking forward to working with Adam [Belding] in his new role as we bring our Digital Investments platform to market.”
Parsons previously spent close to 15 years at Bravura Solutions as chief technology officer, chief operating office and CEO. Prior to this he was chief technology officer for DST Global Solutions (now part of SS&C).
Julien Hammerson, CEO at Calastone, welcomes the appointment. He says: “Parson’s exceptional industry experience, deep technological expertise and proven track record of strategic leadership will play an important role in strengthening Calastone’s senior leadership team.
“The funds industry is undergoing a major transition to digitalisation. Parsons will be instrumental in leading our future technology strategy as we expand the business and support our clients through the next phase of automation.”
