SmartStream Technologies has hired Tom Dalglish to manage transformation projects for post-trade processing and data management services for global clients.

Initially he will be responsible for managing the back-office transformation programme with one of Europe's largest banks.
 
Dalglish has over 20 years of experience in the industry and is a recognised expert in databases, data strategies and reference data. Prior to joining SmartStream, he was the global head of transformation for iGATE, where he designed and deployed a major data utility strategy for the firm. Previous to this he worked for UBS as chief technology officer for global data services running a newly formed enterprise data group.
 
He has held senior management roles for enterprise reference data initiatives at Bear Stearns, JP Morgan and Bank of America Merrill Lynch.
 
Dalglish says: “I am looking forward to working at SmartStream where they take R&D, teamwork and client success seriously. At SmartStream, the focus is on getting the job done effectively and quickly.”
 
Philippe Chambadal, CEO, SmartStream, says: “We are thrilled to have Tom on board with his immense amount of experience as we are helping financial institutions with major transformation projects. Many firms need to retool their current infrastructure to support new regulatory requirements and improve operational efficiency. The adoption of utilities is helping the industry on both accounts: by mutualising back-office functions such as EDM into shared centres of excellence, firms are able to reduce operational cost by 40 to 60 per cent and respond faster to regulatory demands."