Bringing you live news and features since 2006 

Empaxis Data Management becomes independent company

RELATED TOPICS​

Empaxis Data Management, a provider of back office services for independent investment advisers, has completed its management-led buyout from Aspiriant. 



Terms of the deal were not disclosed.

Empaxis administers over USD20bn in assets for some of America’s largest multi-family offices, wealth managers and hedge funds. Its headquarters are in El Segundo and its operations centre is in India.

The firm offers daily administration services including custodian reconciliation, performance reporting, billing and IT services.

Stephen Van de Wetering, founder and chief executive, and Doug Moromisato, chief operating officer, will continue to lead the company. Empaxis’ operations, systems, service levels and product mix will remain the same.

“Empaxis is well positioned as an independent entity to continue providing our superior, customised back office solutions to investment advisers,” says Van de Wetering. “Rob Francais, Marc Primiani and the Aspiriant team were instrumental launching Empaxis. All of us at Empaxis are grateful for the support they have given us over the years and wish them the best.”

Latest News

Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended last week at approximately USD60,800, marking an 8.8..
Amundi reports that in the first six months of the year, European UCITS ETF inflows reached a record high of..
Morningstar has released its European ETF asset flow update for Q2 2024 which shows that the European ETF and ETC..
ETF issuer WisdomTree has announced that it has partnered with commission-free investing app Trading 212 to offer six ETF model..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by