SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a provider of financial services software and software-enabled services, has appointed Ron Tannenbaum as its newest Managing Director of Business Development for Europe, Middle East, and Africa (EMEA) region in its Alternative Fund Services unit, SS&C GlobeOp, according to an SS&C Technologies statement.
In his new role as the Managing Director of Business Development – EMEA, Mr. Tannenbaum will be based out of the SS&C’s London headquarters, where he will report to Punit Satsangi, the group’s Managing Director, Head of Alternatives EMEA Business Development. The appointment comes on the heels of SS&C’s recently extended presence across the EMEA region. Back in 2012, SS&C acquired GlobeOp Financial Services, which ultimately yielded a two-fold increase in its assets under administration.
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Mr. Tannenbaum joins SS&C GlobeOp from AltB Partners LP, having worked as its co-founder and partner for over three years in London. In addition to this role, he also served as the partner and co-founder of GlobeOp Financial Services prior to its acquisition for nearly thirteen years – in this capacity he worked as a member of the Management Committee as well as its Head of European Sales. He has also held senior level roles at Rabobank International, UBS, and Salomon Brothers, dating all the way back to 1985.
According to Bill Stone, Chairman and Chief Executive Officer (CEO), SS&C Technologies, in a recent statement on the appointment: “We are delighted to welcome Ron back to SS&C. His deep business experience and expertise across both the fund administration and the alternative investment management industry will be particularly valuable as we continue to meet our customer’s unique regional requirements.”
“Throughout my career in the alternative asset management industry, customers have always demanded innovative solutions to meet increasingly complex needs. I am excited to return to the SS&C team and contribute to our increasing market share in the EMEA region,” added Mr. Tannenbaum in an accompanying statement.