HYDERABAD, India & NEW YORK--(BUSINESS WIRE)--Arcesium LLC, a post-trade technology and professional services company that provides middle- and back-office support to alternative asset managers, has appointed Ranvijay Lamba as Country Head for India, where Arcesium has more than 500 technology, accounting, and operations staff. Lamba has been Arcesium India’s Head of Technology since its launch in 2015.
“Arcesium India has been a source of exceptional talent and continues to play a very significant role in the growth of Arcesium,” said Gaurav Suri, CEO of Arcesium, which is headquartered in New York. “We are pleased that Ranvijay will bring his breadth and depth of industry expertise to lead our effort in India, which is a driving force in Arcesium’s ability to provide cutting-edge technology, automation, and security.”
Before joining Arcesium, Lamba spent close to 15 years at the D. E. Shaw group, giving him a strong understanding of the asset management industry and a deep expertise in middle-and back-office processes. At the time of his move to Arcesium India, Lamba was a Technology Director at the D. E. Shaw India office, helping build complex technology products and establishing multiple software teams.
Arcesium combines proprietary software, technology, and an experienced team of professionals to deliver complete post-trade support. Its technology is designed to optimize the daily and monthly middle- and back-office processes of alternative asset managers, while its services offering complements the technology platform with exception-driven processes designed to effectively balance efficiency and control. Arcesium’s software and services offerings can be integrated with the systems of other service providers its clients may use, including those of industry-leading fund administrators. Arcesium currently has more than 600 technology, accounting, and operations staff in its New York and Hyderabad offices.
Arcesium was launched in 2015 as an independently operated company by the D. E. Shaw group, a global investment and technology development firm. The D. E. Shaw group and Blackstone Alternative Asset Management LP, the world’s largest discretionary allocator to hedge funds, were Arcesium’s initial clients, and both utilize the company’s software and services capabilities. Arcesium currently serves clients who manage or administer over $65 billion in alternative assets, up from approximately $40 billion following the company’s launch.
About Arcesium LLC
Arcesium is a post-trade technology and professional services firm. Arcesium’s fully-hosted technology platform, coupled with its team of experienced hedge fund professionals, offers sophisticated solutions for the most complex post-trade challenges facing asset managers.
Built on a platform developed for its own post-trade activities, the D. E. Shaw group launched Arcesium as an independent company in 2015 with additional equity backing from Blackstone Alternative Asset Management LP, the world’s largest discretionary allocator to hedge funds, who became the firm’s second client.
Since its launch, Arcesium has grown to support more than $65 billion in assets from a number of leading hedge funds, with a staff of over 600 software development, accounting, operations, and treasury professionals worldwide.
By providing cutting-edge technology, automation, and security, Arcesium enables clients’ operations, accounting, treasury, and enterprise data management teams to achieve unparalleled results.
For additional information about Arcesium, please visit www.arcesium.com.
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