SS&C says goodbye to GlobeOp founder
14 August 2012 London
Image: Shutterstock
Software provider SS&C Technologies has confirmed that Hans Hufschmid, founder and CEO of GlobeOp, has stepped down from his role to pursue other opportunities.
SS&C confirmed his departure in its Q2 2012 results. It said: “We wish him all the best and he will continue in a consultative role with the company until January 2013."
Rahul Kanwar, senior vice president and managing director, will assume overall responsibility for the SS&C GlobeOp business. He will report to president and COO Normand Boulanger.
SS&C’s acquisition of GlobeOp in June was the largest in its history. The combined entity services more than 6700 funds with $424 billion in assets under administration.
At the time, Bill Stone, chairman and CEO of SS&C, said: “This is an exciting day for SS&C and GlobeOp and for the clients we serve. We have already begun our integration and are coordinating on sales and marketing and we have significant synergies. Together, we are a global leader, with the capability to serve our clients—whatever their size, location or sector—with one of the most comprehensive and competitive technology and services portfolios in the investment management industry."
SS&C confirmed his departure in its Q2 2012 results. It said: “We wish him all the best and he will continue in a consultative role with the company until January 2013."
Rahul Kanwar, senior vice president and managing director, will assume overall responsibility for the SS&C GlobeOp business. He will report to president and COO Normand Boulanger.
SS&C’s acquisition of GlobeOp in June was the largest in its history. The combined entity services more than 6700 funds with $424 billion in assets under administration.
At the time, Bill Stone, chairman and CEO of SS&C, said: “This is an exciting day for SS&C and GlobeOp and for the clients we serve. We have already begun our integration and are coordinating on sales and marketing and we have significant synergies. Together, we are a global leader, with the capability to serve our clients—whatever their size, location or sector—with one of the most comprehensive and competitive technology and services portfolios in the investment management industry."
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