daappa, a specialist global solutions vendor for Private Equity (PE) and Real Estate (RE) investments, has made a senior hire to its leadership team to meet demand for its enterprise investment accounting data management solutions.
daappa today announced the appointment of Alan Naughton as Strategic Director. The appointment will strengthen the leadership team as daappa concentrate on accelerating their current growth and focus on innovation in PE and RE investment data management.
The appointment of Alan, together with other key hires from a mix of investment operations and technology backgrounds in recent months, reflects daappa’s ongoing commitment to meet the demand for improved investment data and service management in the PERE sector.
Alan brings with him more than 30 years of global banking and investment servicing experience acquired in multiple geographic locations in leading financial institutions. Most recently, Alan was head of Standard Chartered Bank’s securities services and corporate agency and trust business, based in Singapore, having joined in 2012 from JPMorgan in London where he had been Head of Commercial Management for the Global Funds Division since 2008.
Launched as Framework in 2000, daappa provides enterprise investment accounting data management solutions designed to deliver transparency, insight and accountability for all stakeholders in PERE investment.
daappa is undergoing a period of growth and change in line with the PERE sector. The industry is experiencing higher investor allocations, higher investor expectations, and recognition by leading Investment Managers and Asset Servicers that they need to scale operations in response to the demands of alternative asset investors. Added to this, increasing regulation means that investors are demanding full visibility of their investment managers’ processes.
Harnessing 18 years’ expertise and experience in the sector, daappa’s solution is evolving to meet the investment data management needs of PERE Administrators and Custodians, their clients, and their investors. daappa makes PERE investment accounting accessible to all stakeholders.
“Alan and I have worked together successfully over a number of years, so it is great to add his global asset servicing experience to the daappa leadership team.”
“Alan’s appointment strengthens our position in the PERE sector at a time when our clients and potential clients are driving hard to adopt operating models which will cope with scale and change”.
“I am greatly looking forward to helping daappa continue to grow and develop its solution for the global PERE industry. It is my task, and our ambition, to engage with the biggest and the best in PERE investment and asset servicing. I am excited to be working with a proven, high performance team, and am delighted to be working again with Bertil.”
Media Contact:
Kristina Campbell
daappa Limited
Email: kristina.campbell@daappa.com
Tel: +44 (0)20 7510 9597
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