Waystone, a provider of specialist services to the global asset management industry, has announced two appointments, a move which the firm says will strengthen its global client solutions offerings.
Tom Williams has been appointed as US head of client solutions, based in New York, and Daniel Forbes, who previously led the US team, has transitioned to head up client solutions for EMEA from the firm’s Dublin headquarters.
Williams will spearhead the firm’s growth initiatives and expand its presence across the US, which is a key market for the firm.
He will leverage his expertise in private markets and technology to drive new client acquisition and provide solutions that address the increasing complexity of alternative assets, says the firm.
Williams joins from BlackRock, where he served as the head of alternatives client engagement for the Americas within the Aladdin client business.
Williams has spent 18 years in various senior leadership positions, including co-founding and launching eFront Insight and as head of sales for eFront.
Forbes has been with Waystone in New York since 2016, having joined from an asset management law firm.
During his time with Waystone, he has played a pivotal role in driving business development and client engagement in the US, the firm notes.
His move to EMEA completes this leadership alignment, and according to the firm, Waystone can continue to deliver support and value to clients as it grows its businesses across key global markets.
Des Johnson, chief revenue officer at Waystone, comments: “The US market remains a cornerstone of our business, and we are proud to support the continued growth of our clients here.
“As many of our clients expand internationally, our global platform enables us to deliver consistent support across Europe, Asia, and the Middle East.
“Tom’s deep knowledge of alternatives and proven ability to build trusted clients will further strengthen our US presence, while Daniel’s move to EMEA enhances our regional connectivity and global service delivery.”
Commenting on his appointment, Williams says: “The alternatives market is evolving rapidly, and Waystone is uniquely positioned to help clients navigate complexity through technology-driven solutions. I look forward to bringing my experience to deepen client relationships and accelerate our growth in the US.”
Forbes adds: “The depth and breadth of the Waystone EMEA business is a hugely compelling proposition for asset managers who are looking to scale efficiently. I’m energised about working with the global leadership team to help drive this next phase of the Waystone journey.”