Allfunds (AMS:ALLFG), the B2B WealthTech platform for the funds industry, announces the appointment of Tom Wooders as UK Country Head.
Tom will lead the UK business as it “continues to grow in size and prominence, as a key market in the European funds industry.” Tom will “report directly to Gianluca Renzini, Chief Commercial Officer.”
Having worked in the financial services industry for over 20 years, Tom has extensive experience and insight “across multiple industry segments.” Prior to Allfunds, Tom was Group Head of Sales at Titan Wealth “with responsibility for business development across all of Titan’s constituent entities including Titan Asset Management, Titan Wealth Solutions and GPP.”
Tom was “also previously Executive Director at J.P. Morgan, Vice President at State Street, and UK Head of Sales at Pershing.”
Gianluca Renzini, Chief Commercial Officer, said:
“Tom’s depth of experience across the investment industry brings fantastic expertise to Allfunds and we are delighted he has joined the team to lead the UK business. Tom’s knowledge and contacts will be invaluable as we continue to enhance our proposition. This comes at a time where we are reaching a real inflection point in the industry as efficiencies, transparency and risk management become more important than ever. Allfunds is in a unique position to provide solutions to those challenges and offer unrivalled support to clients across the asset and wealth management industries.”
Tom takes over from Simon Shapland who “led the UK business for seven years from 2015 until his retirement at the end of 2022.”
Simon was responsible “for overseeing the growth of the company’s UK and Ireland operations during a period of rapid expansion for Allfunds in key international markets.” The Board and management are grateful “for Simon’s contribution in developing Allfunds’ UK business and congratulate him on a very well-deserved retirement.”
As noted in the update, Allfunds claims it is “one of the leading B2B WealthTech platforms for the funds industry, offering fully integrated solutions for both Fund Houses and Distributors.”
Allfunds has “built and continues to evolve an ecosystem that covers the entire fund distribution value chain and investment cycle, with solutions including dealing and execution, data and analytics tools, RegTech, ESG screening, and portfolio monitoring.”
It remains “the sole fully integrated one-stop-shop in the industry.”
Allfunds spans the globe with 17 offices “covering all major financial markets, with assets under administration of nearly €1.3 trillion, representing almost 3,000 fund groups and working with over 860 distributors in 61 countries.”
Allfunds entered Euronext Amsterdam “as a listed company on April 23rd, 2021.”
