MEDIA RELEASE PR39670
Netik Names Ishan Manaktala to Lead Asia Pacific Expansion
NEW YORK, May 25 /PRNewswire-AsiaNet/ --
Netik LLC, a Symphony Technology Group (STG) company, and a global
leading provider of financial data management and reporting services and
products, announced today its expansion in the Asia Pacific region with the
appointment of Ishan Manaktala as its managing director and head of Asia. He
will sit on Netik's executive management team reporting to Rob Flatley, CEO
and President of Netik LLC.
Manaktala will assume responsibility for transforming Netik India so that
it can service all aspects of the financial services information management
value chain. Based in Bangalore, Manaktala will manage Netik's Information
Service group in India and build Netik's operations in the Asian Pacific
region.
"This is the first key hire in driving the future development of Netik's
goal to be the number one provider in information services to the financial
community," said Flatley, who recently came in as CEO and President of Netik
LLC. "A big part of that strategy is to increase the sophistication, depth
and scope of what Netik produces from its Bangalore based organization."
Previously, Manaktala was a director and the global head of analytics for
Deutsche Bank's equities unit in New York. Prior to that, he worked for
Quantitative Solutions Group and Russell Investment Group.
Manaktala holds a Master of Science degree in Finance from Bentley
College, MA and a dual Master of Business Administration degree from Columbia
Business School, NY and London Business School, UK.
About Netik
Netik is a leading global provider to the securities industry of
financial data management and reporting services and products. Netik's data
management products include Netik Global Securities Master, Netik GSM(SM), a
reference data managed service, Netik InterView(TM) a data warehouse for the
storage of holistic financial data and Netik Information Portal(SM) to
visualize and report on data. These Netik solutions sit at the heart of
investment and securities operations at many of the world's leading Asset
Managers, Hedge Funds, Wealth Managers, Private Banks, Prime Brokers, Fund
Administrators, Custodians, Investment Operations Outsourcing providers and
About Symphony Technology Group
Symphony Technology Group (STG) is a strategic private equity firm with
the mission of investing in and building great software and services
companies. In addition to capital, STG provides transformative expertise to
enable its companies to deliver maximum value to their clients to retain and
attract the best talent and to achieve best in class business performance.
All STG companies are expected to grow through innovation. STG's current
portfolio consists of 10 global companies. For more information please visit
SOURCE: Netik
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