BOSTON--(BUSINESS WIRE)--Milestone Group, the global provider of fund processing solutions to the funds industry, today announced that Robert Caporale will join the company as Managing Director and Head of North America. The appointment reflects Milestone Group’s ongoing success in enabling the funds industry to achieve breakthroughs in efficiencies and operational effectiveness, underpinned by its pControl funds processing platform.
Robert brings 30 years of experience in financial services and technology. He spent the last 12 years at JPMorgan where he held senior leadership positions in strategy, business management and sales within the Investor Services business line. Robert has worked extensively with asset managers, alternative investment managers, insurance companies and pensions. Prior to JPMorgan, Robert held senior positions at IBM, Deutsche Bank and Fiserv. He earned his B.B.A in management information systems from Pace University and his M.B.A. in management from New York University.
Geoff Hodge, CEO of Milestone Group, said, “We’re excited to have somebody of Robert’s caliber and experience joining our global executive team, spearheading our business in the U.S. and Canada. This appointment reflects our commitment to the North American market and follows other senior hires in product management and business development. Our aim is to deliver solutions to funds companies that address local market conditions, client needs and priorities while leveraging our global capability and expertise.”
Robert Caporale commented: “I am delighted to have the opportunity to join a dynamic and growing global organization with so much potential to transform funds’ businesses. This industry has had to focus on reducing the costs of their operating models. I’ll be looking to build upon Milestone Group’s success delivering greater innovation and helping funds businesses achieve new levels of operating efficiency, effectiveness and capability.”
About Milestone Group
Milestone Group provides a unique approach to the automation of transaction, accounting & tax and asset servicing functions to the funds market globally. Asset and alternative investment managers, wealth managers, insurance companies and pension plans leverage Milestone Group solutions to reduce costs, increase quality and enhance controls and transparency.
The company’s pControl funds processing platform provides advanced functionality designed to service today’s increasingly complex fund structures and related business processes, with fully integrated workflow, data management and audit capabilities.
For more information about Milestone Group products, visit our website at: www.milestonegroup.com.au/our-solutions/