CSC's Strategic Leadership Appointments in Funds and Capital Markets
CSC, a leader in global business administration and compliance solutions, has recently strengthened its Funds and Capital Markets (FCM) division. The company is excited to announce the appointments of John Hebert and Venkat Srinivasan, a move that promises to enhance its capabilities and service offerings in this critical area.
About the Expanded FCM Division
This strategic expansion comes on the heels of CSC's successful integration of the Intertrust Group acquisition. The integration enhances CSC's ability to deliver market-leading expertise and unmatched client service through a workforce of over 8,000 employees across more than 140 jurisdictions globally.
The Benefits of Integration
The combination of CSC’s existing FCM services, which spans multiple continents, aims to accelerate growth and optimize service offerings for fund managers, asset owners, and financial advisors. This aligned structure will allow for a more streamlined approach and increased responsiveness to the evolving needs of the market.
The Leadership Team
John Hebert will now serve as the executive vice president and president of the FCM division, expanding his previous role overseeing Global Capital Markets. Under his leadership, CSC experienced remarkable growth, with a notable 250% increase in capital markets and funds revenue over five years. Hebert's diverse background in corporate development and asset management uniquely positions him to drive this new division.
A Vision for the Future
In his new role, Hebert is tasked with harnessing CSC’s comprehensive suite of products to support clients across various asset classes and geographies. His commitment to fostering innovation in client service and solutions is crucial for the next stage of growth in the FCM sector.
Venkat Srinivasan’s Appointment
Joining Hebert is Venkat Srinivasan, appointed as the global head of funds and enterprise capabilities. Srinivasan brings over 25 years of experience in financial services, with significant expertise in the funds sector developed during his tenure at Intertrust Group, where he co-led the funds business.
Enhancing Funds Operations
Srinivasan's focus will be on improving operations and developing technology solutions that meet the demands of the funds industry. His extensive background positions him to effectively lead efforts geared towards centralizing and enhancing client solutions in the evolving landscape of global finance.
Remarks from CSC's Leadership
Rod Ward, president and CEO of CSC, expressed his enthusiasm regarding the new appointments, emphasizing the exceptional leadership qualities demonstrated by both Hebert and Srinivasan. He underlined the significance of streamlining services in response to clients' complex needs while maintaining CSC's commitment to a people-focused culture, which has been the foundation of its success for over 125 years.
About CSC
CSC is the partner of choice for a majority of the Fortune 500, a testament to its reputation in the marketplace. Specializing in global business administration, CSC offers comprehensive compliance solutions and specialized services tailored to alternative asset managers and capital market participants across diverse strategies. With its roots dating back to 1899 and headquartered in Wilmington, Delaware, CSC has built a trusted presence in over 140 jurisdictions worldwide.
Frequently Asked Questions
What are the new roles of John Hebert and Venkat Srinivasan at CSC?
John Hebert has been appointed as the executive vice president and president of the FCM division, while Venkat Srinivasan has taken the position of global head of funds and enterprise capabilities.
How will these appointments benefit CSC's clients?
The appointments are expected to enhance the breadth of services offered under the FCM division, improving responsiveness to clients' needs and delivering tailored solutions.
What highlights CSC's recent growth?
Under John Hebert's previous leadership, CSC saw a 250% revenue increase in capital markets and funds over five years, showing strong growth potential ahead.
What is the focus of Venkat Srinivasan in his new role?
Srinivasan will focus on enhancing operations and developing technology solutions that respond to the dynamic needs of the funds industry.
How does CSC maintain its leadership position?
CSC maintains its leadership through a people-focused culture, dedication to client service, and continuous innovation in its diverse service offerings.
