Leadership Team

President, Head of Charles River Development

Matt Daly

Matt Daly is the President and Head of Charles River Development, a State Street company. In this role, he is responsible for the day-to-day operations of the company including product development, sales and services for the Charles River Investment Management Solution. Matt is responsible for client success and driving growth through all channels. He is also a member of Charles River’s senior strategy and policy-making team, co-leader of the State Street Alpha Talent Council and is actively involved with large scale client transformations including deployments of State Street Alpha.

Most recently, Matt was Chief Revenue office at Charles River Development responsible for overseeing all revenue-generating functions in the company including sales, marketing, client management and delivery. Matt also managed operations, performance and leadership in each of the regions.

Matt is a senior leader with a strong track record in delivering enterprise front and mid-office solutions that help buy-side financial institutions grow their business, lower risk and increase operational efficiency. He specializes in partnering with C-Level executives, both business and technical, to define and deliver a solution tailored to their business objectives. Matt’s background includes 20+ years of product management and sales experience, providing a keen understanding of asset managers’ business challenges and how to solve them.

Matt holds a Bachelor of Science degree in Chemical Engineering and Mathematics from the University of Connecticut.

Chief Product Officer

Nidhi Singh

As Chief Product Officer, Nidhi oversees product management and product marketing for Charles River. In this role, she is responsible for the ongoing expansion and execution of our product portfolio and development team, as well as the transformation of our offering to cloud services. Prior to joining Charles River, Nidhi led global technology and operations at Broadridge and held key senior leadership roles at tier one banks and fintech firms including Goldman Sachs and Trading Technologies. She brings over two decades of product development experience in financial markets and has led several successful large-scale transformation initiatives. She holds a BS in Economics from Purdue University and a Masters, Financial Markets/Engineering, from Illinois Institute of Technology.

Chief Technology Officer

Jason Adams

Holding a distinguished record in fintech and technological innovation, Jason Adams has stepped into the role of Head of Platform at Charles River Development. His key responsibilities include creating a technical roadmap for CRD, Alpha, and Mercatus, as well as sculpting the solution architecture to support a modern platform across these entities.

With a rich background in leading global teams and fostering collaboration, Jason has accumulated valuable experiences from his time at Mercatus as Chief Technology Officer, a position he held prior to the company’s acquisition by CRD and State Street in 2021.

Chief Operating Officer

Chris Russo

As Chief Operating Officer, Chris oversees Charles River’s SaaS & Support, Business Controls, and IT organizations as well as key initiatives including Return to Office and realty. Most recently, Chris was Global Head of Professional Services for Enterprise Data Management (EDM), thinkFolio, iLEVEL and Wall Street Office (WSO), serving as vice president at IHS Markit.  In this role, he was responsible for professional services and training and was a member of the Solutions division executive team responsible for P&L ownership and setting strategic direction.  Chris was also the executive sponsor for the Belonging, and Inclusion working groups.

Prior to joining IHS Markit, Chris has worked within the FinTech space for much of his career, including Charles River Development, Citisoft, Omgeo and Thomson Financial.

Managing Director, Alpha - India, State Street

Joshi Alaparthi

Joshi Alaparthi joined State Street in March 2017 as Managing Director for Alpha India, where his main responsibility is to help build and manage Alpha team in India with main focus on  Alpha Data Management Platform and end-to-end data integration.

Joshi came to State Street with over 25 years of global experience in financial industry. Prior to joining State Street, he had a long stint of over 22 years in US working with Eagle Investment systems a Bank of New York Mellon subsidiary.  As Head of Engineering at Eagle Investment Systems he was instrumental in building enterprise data management system and key contributor to company’s growth and marketplace success. Later, he moved in as Chief Systems Architect in product strategy group for BNY Mellon’s Investment Manager Middle Office Services where he worked with Clients and Prospects in defining the product architecture and services.

Joshi brings in core technology and financial data domain knowledge. He has worked in all areas of Software Development – presales/sales, product development, client implementations, operations and support. Joshi holds a master’s degree in computer science from Northeastern University, Boston and a bachelor’s degree in Electronics & Communication Engineering from Osmania University, India.

SVP, Head of Asia-Pacific

Vin Bhat

Vin leads Charles River in Asia-Pacific and is responsible for all business oversight and collaboration with State Street Alpha, the first front-to-back asset servicing platform from a single provider for institutional investors. Vin joins Charles River from FactSet Research Systems where he was head of the Asia Pacific business. Vin has over 25 years of experience in leadership positions in sales, consulting, and engineering.  Prior to his time at FactSet, Vin spent a decade at Tata Consultancy Services.

Vin has a Bachelor’s degree in Electronics Engineering from National Institute of Technology Surat, India, and an MBA in General Management from the Indian Institute of Management, Ahmedabad. Vin is a CFA^® charter holder, CFA Institute.

Director of Operations including Regulatory Oversight

Brenda Bollettino

Brenda Bollettino is a Director of Operations for the Charles River Development (CRD) business at State Street. She has global oversight of strategic project management, third party risk management and external audit, including the ISO27001 program and the SOC programs. Additionally, Brenda leads key regulatory initiatives as needed to support State Street’s enterprise-wide compliance and risk posture. Her focus is on program management and improving process and controls to enhance business operations and mitigate risks.

Prior to this role, Brenda was the transformation lead within State Street’s office of the CAO. In this role she directed enterprise-wide transformation programs in the areas of first line risk management, CAO support, and project management. Brenda has substantial experience leading business strategy, operations, and risk management. She has directed various risk and operations programs, developed and managed governance committees, and lead business process improvement programs. At State Street, Brenda has held senior roles in Alternatives, Global Markets, and Enterprise Risk Management.

Prior to her State Street tenure, Brenda held similar roles at Sovereign Bank in Boston, MA, CoBank in Denver, CO, and The Bank of Hawaii in Honolulu, HI. Brenda holds two Masters Degrees – one in Economics and a second in International Studies – both from the University of Denver. She also holds a BA in Economics from the University of Denver.

SVP, Global Head of Client Management

Ruby Chiu

Ruby Chiu is the Global Head of Client Management for Charles River Development (CRD), a State Street Company. Ruby is responsible for leading and overseeing CRD client relationships. Her global team focuses on client satisfaction and exceptional client service delivery, serving as trusted advisors for existing and prospective clients. Ruby is a member of CRD’s Management and Operating Committees and is based out of corporate headquarters in Burlington, MA.

Prior to joining Charles River in 2020, Ruby spent over 16 years at BlackRock as a senior leader within the Aladdin Client Engagement business, most recently as Head of Relationship Management for Insurance Asset Managers and Head of Relationship Management for US East Asset Managers. Prior to BlackRock, Ruby worked within Citigroup’s Global Telecommunications Investment Banking division. She earned her BS degree in Electrical Engineering from the University of Virginia.

India Lead for TIS, SaaS Ops & InfraOps, IT and Data Services

Jeetender Dadvai

Jeetender joined State Street in October 2018 as Vice President of Delivery for SSGX, where he managed Application Development teams in India for initiatives such as Publisher Suite/DVS, INAV, PAM Reporting, and the MIG21 to CRD migration. In August 2019, he transitioned to Charles River as Vice President of Delivery for SaaS and TIS India teams. In his current role as Managing Director, Jeetender is responsible for overseeing the development and management of Charles River’s SaaS, TIS, IT, and Data Services teams.

With over 24 years of experience in the financial services industry, Jeetender has a deep expertise in technology solutions for investment management. Prior to joining State Street, he spent 16 years at Franklin Templeton as Assistant Vice President of Investment and Wealth Management Technology, where he led application development and support initiatives. He has extensive experience in the implementation, integration, and support of front-office applications, including Charles River, Axys, Moxy, MBS Expert, Thinkfolio, Black Mountain Everest, Wall Street Office, Quantis, Front Invest, Alta Return, and Wealth Spectrum, among others. At Franklin Templeton, Jeetender played a key role in the technology integration of several acquired financial firms, such as Rensberg Fund Management, Balanced Equity Management, Alpha Parity, K2 Advisors, Pelagos, Algebra, Sealand JV, and China Life. His team was also responsible for providing global support to trading desks, portfolio managers, and compliance analysts.

Jeetender holds a Bachelor’s Degree in Electronics and Communication Engineering from the Institution of Engineers (India) and an MBA from Osmania University.

Product Director,
Wealth Management

Cem Er

Cem leads Charles River’s private wealth product management team and provides direction and thought leadership for wealth management-related functionality, including modeling and optimization. Cem has been with the company for 13 years and has worked in many parts of Charles River IMS, including the portfolio management and FX trading areas. Before joining Charles River, Cem was a Head Trader and Portfolio Manager at Cobblestone Capital Advisors. Cem holds an MBA in Finance and Statistics from Rochester Institute of Technology and is a CFA charter holder.

Compliance Services, Global PS Operations & Americas Business Operations

Julia Etchin

Julia Etchin leads Compliance Services, Global Professional Services Operations and Americas Business Operations for Charles River Development at State Street.  Prior to joining CRD in 2021, she led key regulatory risk remediation and management programs for State Street Alternative Investment Services.  Earlier in her career, Julia held a number of roles across private equity, corporate finance and management consulting focused on margin improvement, operations optimization and regulatory compliance.  She holds an MBA from Carnegie Mellon University and a Bachelor’s from University of Connecticut.

Head of Engineering Delivery

Leeza Furman

Leeza Furman leads the Delivery and Business Unit management functions within the Charles River Development Alpha Platform Engineering organization. She has extensive experience leading large-scale initiatives across product development, post M&A business integrations, and operational change, implementing Program Management Office functions, transforming ways of working leveraging industry best, and managing organizational change across complex domains.

Prior to joining Charles River Development/State Street, Leeza led program management office functions, and large-scale initiatives at Citi, Bank of New York Mellon, and Nasdaq. Leeza holds a Master degree in Systems Engineering from Stevens Institute of Technology and a Bachelor in Information Systems from Pace University.

Head of Operations for APAC

Martin Hofmeyr

Martin joined Charles River in 2021. Prior to joining, his career spanned 20 years with SSNC Institutional & Investment Management Services and DST International (pre SSNC acquisition). This included a variety of functional areas in leadership roles including Professional Services, Application Support, Business Analysis and Product Management.

Martin is responsible for APAC Operations, Customer experience & Governance.

Martin has a Bachelor of Commerce degree, Post Graduate Diploma in Finance Banking & Investment Management, Product Management Accreditations and is a Graduate of the Australian Institute of Company Directors (GAICD).

Managing Director,
SaaS Ops & Support

Dmitriy Ilyin

Dmitriy Ilyin oversees all Charles River SaaS and Technical Support teams globally. In addition, Dmitriy leads Charles River’s continuing transition to Microsoft® Azure and will help shape the firm’s strategic cloud direction and growth strategy. Prior to joining Charles River in 2020, Dmitriy led the Technical Operations team at Intralinks, a FinTech provider for M&A services, where he transformed the operations support organization into the site reliability engineering discipline and built global follow-the-sun operations centers to support a hybrid data center-based and public cloud model. He also developed an ITSM practice focused on driving operational excellence.

Global Head of Sales

Tom Izzo

Tom Izzo is responsible for leading Charles River Development’s global sales organization. He oversees new business growth and the expansion of client relationships across all regions.

Since joining Charles River, Tom has held several leadership and client-facing roles, helping investment firms adopt the firm’s technology through a consultative, solutions-driven approach. He brings extensive experience in enterprise software sales and a deep understanding of the investment management industry to his role within State Street Alpha.

Head of Operations for EMEA

Laurence Kilpin

Laurence heads up Business Operations for CRD in EMEA, and is responsible for business management, governance, as well as key strategic initiatives in the region. Laurence is a member of CRD’s Management and Operating Committees and is based out of the London office.

Prior to joining CRD, Laurence spent 8 years at State Street in various roles, most recently in the Investment Services Business as Chief Administrative Officer. Prior to joining State Street, Laurence worked at Ernst and Young in Transaction Advisory Services. Laurence is a qualified Chartered Accountant and has a BA degree in Law and Economics from the University of Leicester.

SVP, Global Head of Cloud and SaaS

Kishore Kottapalli

Kishore is a senior vice president at State Street Corporation and global head of cloud strategy, engineering and operations for Charles River Development and State Street Alpha. He is responsible for shaping the firm’s cloud strategy and oversees architecture, engineering, deployment and ongoing operations of the several platforms that constitute Alpha Cloud – the Global SaaS Platform, Alpha Data Platform and Cloud-Native Services.

Kishore began his career at State Street in 1998 and is an experienced Development and Operations financial technologist. Kishore has led several initiatives at State Street including Global Production Operations, Development Operations, IT Operations Automation, Application Resiliency Engineering, IT Transformation Programs (Private Cloud / Large-Scale Databases) and Information Delivery Development and Continuous Improvement programs.

Head of Client Management, EMEA

Tanys Lancaster

Tanys is responsible for leading and overseeing CRD client relationships in EMEA. Her team focuses on client experience, and exceptional client service delivery, while serving as trusted advisors for existing and prospective clients. Tanys is a member of CRD’s Operating Committee, and CRD EMEA’s Management Committee.

Immediately prior to joining Charles River in 2022, Tanys spent 5 years at LSEG as the Head of Client Engagement for FTSE Russell and Yield Book, where she managed teams of SME-led Relationship Managers and Client Service Associates with product and market expertise supporting LSEG and Yield Book clients.

During her 30-year career in the Financial Markets, Tanys has worked in both London and New York in Client Management, Product Management and Technology leadership roles for Bloomberg LP, S&P Global, and Thomson Reuters. Tanys holds an honors batchelor’s degree in European Business Studies and French.

Head of the Americas

Dean Landis

Dean Landis leads Charles River Development in the Americas. In his capacity as Managing Director of North America, he has overall responsibility for relationship management, delivery and business development that includes achieving the region’s growth targets and ensuring the success of our customers. In his capacity as the Global Head of Delivery he leads the professional services, technical support, compliance advisory and training teams.

Prior to joining Charles River Dean was a leader in the Capital Markets consulting practice of SunGard and a management consultant with Cap Gemini Ernst & Young. He holds a Bachelor of Science in Business from Miami University.

SVP, Global Head of Professional Services

Richard LeClair

Rich LeClair is responsible for all Professional Services for the Americas and Asia Pacific for Charles River Development (CRD), a State Street Company. His remit includes all implementations of Charles River for both Alpha and non-Alpha Clients, CRD upgrades, and various consulting services. His global team consists of approximately 20 “Practices” and 200 associated service professionals – with specialists across all asset classes and Investment disciplines. Rich is a member of CRD’s Operating Committee and is based out of corporate headquarters in Burlington, MA.

Prior to re-joining CRD in 2021, Rich was a Managing Director at Wellington Management, where he was responsible for Front Office Technology strategy, planning and delivery. Prior to Wellington, Rich worked at Ernst & Young in Wealth and Asset Management Advisory Services, the New York Mercantile Exchange, and spent 10 years at Charles River in senior roles in both Product and Implementation Services. Rich has a BA degree in Engineering Sciences from Dartmouth College.

SVP, Head of North America & Global Clients Division Marketing

Katherine Lucas

Katherine Lucas is the head of marketing for North America and the Global Clients Division at State Street.  She has been with the company since 2012 and is based in the Boston office.  As a senior marketing leader, she has built brands and grown businesses across the financial services and telecommunications sectors. In her role, she is responsible for developing and executing the marketing strategy and for partnering on and executing the go-to-market revenue campaigns for North America, the Global Clients Division and all of our main business lines. Managing a global team, she partners across the company to deliver targeted commercial growth and stronger brand loyalty through innovative marketing programs that truly differentiate our One State Street offer.

Katherine holds a bachelor’s of science in both applied economics and communications, a master’s of science in behavioral economics and a master’s in business administration, from Cornell University.  She is a TED speaker and also a varsity letter winner in Men’s Football from Cornell University.  She currently lives in Wellesley with her husband, two children and rescue dog.

Vice President,
Human Resources

Erica McGillicuddy

As a strategic partner, Erica provides Human Resources leadership for Charles River. Erica joined Charles River in 2019 after spending 5 years at State Street leading Learning and Talent Management teams. Prior to her time at State Street, Erica has spent the last 20 years in various Human Resources leadership roles in the financial services, staffing, and healthcare industries. Erica holds a bachelor’s degree in Psychology from West Virginia University and a master’s degree in Human Resources from Northeastern University.

Head of Global IT

Chafic Menayrji

Chafic Menayrji serves as the Managing Director at State Street and holds the role of Head of Global IT at Charles River. His responsibilities encompass all IT services and digital security for CRD and its subsidiaries. Chafic collaborates closely with organizational leaders to implement business strategies and ensure compliance with global regulatory standards.

With a career deeply rooted in technology, Chafic’s experience includes a prior role as Senior Director of IT Infrastructure at Manulife. He is an alumnus of Suffolk University, holding a Bachelor of Science in Computer Science and an MBA in Information Systems and Operations Management.

Managing Director and Business Unit CFO

Keith Masterson

Keith Masterson is a Managing Director and Business Unit CFO, responsible for the Finance support of our Front-to-Back Alpha organization (“Alpha & CRD”), which brings together real time data and asset intelligence across the investment lifecycle inclusive of our front, middle and back office operations.  Keith works closely across both Finance and Business Unit functions to provide financial analysis and strategic support across Alpha & CRD.  His team supports all month end close processes, budgeting, forecasting, and financial planning.  Keith also sits on the Treasury Performance Measurement Methodology Committee.

Keith joined State Street in 1999.  Prior to taking his current role at the beginning of 2021, Keith spent over 10 years working in our non-US locations in Dublin, Paris and London across various Finance roles including supporting the integration of several large asset service provider acquisitions.

Head of Product Strategy

Steven Milanowycz

Steve is currently the Head of Product Strategy has been with Charles River for over 14 years formerly overseeing the development of Portfolio Management and Trading-related modules within the Charles River IMS. Prior to his current role Steve was mandated with the development of the latest version of Manager Workbench portfolio management application. Earlier in his time at Charles River, he led pre-sales efforts in the Americas as a senior sales engineer. Prior to joining Charles River, Steven was a business analyst at DST International, and an investment consultant at UBS. Steven holds a BS in Finance from Lehigh University – College of Business and Economics.

Managing Director, Business Risk Executive

Rob O’Reilly

Rob O’Reilly serves as a Managing Director and is the Business Risk Executive responsible for managing end-to-end business and technology risks at Charles River Development. He has over 25 years’ experience in risk management, cybersecurity and audit at State Street, EY and PWC.

His multinational experience includes living and working in the US, Ireland, Australia, and South Africa. Rob holds a post graduate degree in Information Risk Management from the University of Cape Town and is a Certified Internal Auditor and Certified Information Systems Auditor.

Head of EMEA

Caroline O’Shaughnessy

Caroline leads Charles River Development in EMEA and is responsible for all business oversight and collaboration with State Street Alpha, State Street’s global front to back-office platform. Caroline joined from The London Stock Exchange Group where she was Chief Client Officer and Global Head of Sales and Marketing of Information Services Division and Group Head of The Global Strategic Account Programme.

Caroline has more than 25 years of experience in high revenue growth businesses including senior global commercial roles with DTCC (Depository Trust Clearing Co), Thomson Reuters and Interactive Data. Caroline is passionate about Culture, Diversity and Inclusion initiatives as a powerful source of business innovation and growth. Caroline holds a Bachelor of Science in Biological Sciences from the University of Birmingham.

Chief of Staff

Stacey Pauze

Stacey Pauze is the Chief of Staff for the CEO and President of Charles River Development, a State Street company. In this role, she is responsible for making time, information and the decision making process more effective for the CEO. She also oversees strategic business initiatives, from development through successful execution, under the guidance of senior leadership and department heads. Stacey assists with implementing new ideas and strategic processes across the organization. Over the last year, she has been also been involved in organizing company events focuses on celebrating our key milestones and our employees.

Stacey has spent 9 years at State Street and was most recently the Head of State Street Alpha Sales Enablement where she was responsible for sales reporting and collateral.

Interim Head of Charles River for Private Markets (CRPM)

Alex Popp

Alex has been with Charles River Development since the acquisition of our Private Markets business in 2021. Previously, he was the global head of sales and account management at CRPM (formerly Mercatus).  In this role, he was responsible for all new and existing business. He regularly engages with our client’s executive teams across the world to ensure he stays current on their priorities and challenges in the market.

Prior to joining CRPM, Alex was a Partner in the POPP risk GROUP, a management consulting firm that works with the world’s global and regional financial institutions, where Alex was responsible for sales, delivery, recruiting and the career development program. Alex has a B.A. from Amherst College.

Head of Engineering, EMEA

Marc Roche

Based in Dublin, Ireland, Marc Roche is the Head of Engineering for EMEA and leads the global Product Cybersecurity team. He has extensive experience in financial services, having worked with Thomson Financial, Citibank, Morgan Stanley, Accenture, and EY across North America, Europe, and Asia before joining State Street. Marc’s primary responsibility is the expansion of the Engineering function into EMEA by establishing and building large-scale teams to support software products for global clients. In addition to his EMEA responsibilities, Marc ensures that security is integrated into the applications designed and built by the engineering team.

Marc brings expertise in technology and financial data from his rich background which includes Product Owner of Salesforce.com at Citibank, head of the project management office (PMO) at LPL Financial, leading numerous risk management and audit engagements at EY, and as Head of IT, Cybersecurity, and Operations at a New York-based mutual fund company. He also has extensive experience in Cybersecurity, having led the EMEA Cloud Security practice at EY, and managed multiple large-scale cybersecurity engagements at Accenture.

Marc holds an MBA from the University of Melbourne and a Bachelor of Science in Engineering from Trinity College Dublin.

Managing Director, Interim Head of EMEA

Ewan Scott

Ewan is responsible for Charles River in EMEA. After studying Chemistry at Leeds University, he started his career as an analytical chemist for Unilever before moving into financial technology where he has worked for over 25 years, moving through roles in quality assurance, technical support, client management, sales engineering, sales and sales management.

Ewan worked for Braid Systems and CheckFree before joining Markit, where he worked for 8 years in sales and sales management for their data management solution, Markit EDM. Prior to joining State Street, Ewan spent 3 years at Rimes, the benchmark data services provider, running the EMEA and APAC sales and client management teams and seeing the company through acquisition by the private equity firm EQT in 2020.

Data Product Owner for State Street Alpha

Jeff Shortis

Jeff Shortis serves as Data Product Owner for State Street Alpha at Charles River Development, A State Street Company.  Prior to joining Charles River, Jeff was the CEO and co-founder of Data3Sixty, a leading data governance SaaS solution provider. Earlier in his career, Jeff served as Chief Data Officer for Pioneer Investments where he led the global data strategy and evangelized the importance of data governance.  Prior to Pioneer Investments, Jeff was product manager for an industry leading investment management data warehouse.

Jeff has also advised several financial services organizations in consulting capacities defining data strategies and standing up data governance teams.  Jeff is recognized as one of the thought leaders in the data management industry.

Managing Director, Head of Middle Office

Edda Son

Edda Son joined Charles River Development in May 2022 as the Head of Middle Office Products.  She is responsible for overseeing all CRD middle office products, including strategy, vision, roadmap, and execution of our Next Gen Services for investment accounting and compliance.

Prior to joining CRD, she was the head of Clearing and Settlement and Back Office Products at Drivewealth, transforming their legacy books and records.  Edda was the Head of Product Management for the Next Gen Products and Services at Broadridge Financial, modernizing their legacy engines into a component based, cloud native architecture.  Edda has also held Product Management leadership positions at Deutsche Bank and Goldman Sachs managing their back-office product suites with a focus on operations, clearing and settlement, margin, positions, cash, and collateral management, and reporting.

Head of CRD Wealth and Advisor Platforms

Swati Verma

Swati leads a global team responsible for selling, developing, and delivering software, software services, and advisory services to wealth managers worldwide. Prior to her current role, Swati was the Chief Commercial Officer of State Street’s Alpha Platform where she led business development for the front-to-back platform.

Earlier in her career, Swati was also a Managing Director in State Street’s Corporate Strategy team, where she helped set strategic direction on key topics for the Board and the Management Committee, spearheaded M&A opportunities, and advised executives on business-unit strategy. Her primary focus was on the asset management and wealth management sectors. Before State Street, Swati worked with Citigroup Global Markets, where she was responsible for defining investment theses and marketing investment opportunities to hedge funds and asset managers across fixed income / equities, emerging / developed markets and vanilla / structured instruments.