On Thursday, Boston-based fintech FinMason announced it has appointed David Remstein as its first president and COO. According to FinMason, Remstein will be responsible for driving planning and managing the growth of the company in terms of personnel, clients, products, and geographies. The new president/COO will also help guide the company as it seeks to grow its investment analytics offerings from 700 different analytics to more than 1,400.
FinMason reported that prior to joining its team, Remstein served as the global head of buy-side financial consulting at Riskcare Inc. He has held a variety of roles over his more than 30-year career in financial services, including global head of client reporting at Citi Private Bank, global head of investment performance at J.P. Morgan Asset Management, and global product head and chief operating officer of investment analytics & consulting at J.P. Morgan Corporate Investment Bank. Speaking about Remstein’s appointment, Kendrick Wakeman, Founder and CEO, stated:
“We are in a period of tremendous growth: five months ago, we were 12 people. Today, we have grown to 30 to keep pace with client demands. By the end of the year, we anticipate being more than 50 and operating in 12 countries. David has extensive experience operating globally, thinking strategically and leading successfully. He is the perfect person to help execute our business plan and capitalize on our current product advantage.”
Remstein then added:
“The analytics engine FinMason has developed is delivering the speed, scope and flexibility that firms in the industry need to be competitive, but struggle to build, in the current environment. I am excited to join FinMason’s visionary leadership team as the firm continues its path toward delivering the best-in-class solution and service.”