International Financial Data Services (IFDS) has hired Chris Spencer and Richard Barrett to its UK senior management team.
Spencer will be managing director of UK funds. He joined IFDS in 2004 as director of client relations, and has previously held senior operations and client-facing roles at Fidelity Investments and Govett Investment Management.
Barrett is the new COO for UK funds at IFDS. He joined the firm in 2008 as director of operations, and has held previous positions at Pershing Securities and Fidelity Investments.
In addition, David Moffat, group executive of IFDS will now lead the strategic response to regulations, with an initial focus on MiFID II.
Paul Roberts, CEO of funds at IFDS, said: “These key appointments are in direct response to the on-going needs of UK funds’ clients.”
He added: “The changes will strengthen our ability to meet our clients’ and their customers’ needs and better prepare us to deal with the ever-changing regulatory environment.”
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