Peter Tenggren will join forces with Lisa Shea as part of the firm’s solution management leadership team
Based in New York, he will report to Hazeltree CEO Stephanie Miller
The firm says the move demonstrates its “commitment to driving growth and innovation in the European financial markets"
Grossmann joins the investment product information and technology provider as it embarks on a period of expansion into new markets and geographies
He also joins the IQ-EQ group management team
As well as leading the company in the region, he will head up SimCorp’s Axioma analytics business, and will be responsible for defining the company’s strategic direction in the Americas
Her appointment aims to automate asset servicing processes and boost customers’ scalability and profitability