Charles River Development, a State Street Company, today announced that Dmitriy Ilyin has been appointed Managing Director of Software as a Service (SaaS) Operations and Support, responsible for all SaaS and Technical Support teams globally. In addition, Ilyin will oversee Charles River's continuing transition to Microsoft(R) Azure and help shape the firm's strategic cloud direction and growth strategy.
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Previously, Ilyin led the Technical Operations team at Intralinks, a FinTech provider for Mergers & Acquisitions services. During that time, he transformed the operations support organization into the site reliability engineering discipline and built global, follow-the-sun operations centers to support a hybrid data center-based and public cloud model. He also developed an Information Technology Services Management (ITSM) practice focused on driving operational excellence.
"Dmitriy's track record of shaping organizations for operational excellence, as well as his experience supporting a hybrid data center- and cloud-based SaaS model, will be central to delivering exceptional levels of service as we scale our strategic cloud platform," said Spiros Giannaros, President of Charles River. "His ability to align teams globally across the organization will enable us to build new practices to facilitate smooth onboarding and a good client experience as more of our customers migrate to the cloud."
"No matter where a customer is on their journey to the cloud, every incremental improvement in performance makes a big difference, and I look forward to working with Charles River's teams globally to raise the bar even higher," said Ilyin. "Adopting Azure enables us to leverage increased automation as well as our centers of excellence and follow-the-sun support model to giving clients the best service possible, and helping bring new capabilities to them faster, more efficiently and more cost-effectively."
Charles River recently announced it has achieved platform and operational readiness on Azure. The offering leverages Microsoft's scale and security capabilities to provide investment firms with a platform that enables innovation and helps mitigate risk. Charles River has begun migrating new and existing SaaS customers onto the new Azure infrastructure.
About Charles River, A State Street Company
Investment firms, asset owners, wealth managers, hedge funds and insurers in more than 30 countries rely on Charles River's front and middle office investment management platform to manage more than US$29 Trillion in assets. Together with State Street's middle and back office capabilities, Charles River's cloud-deployed software technology forms the foundation of State Street Alpha(SM). The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Charles River's growing partner ecosystem enables clients to seamlessly access external data and analytics, applications and liquidity venues that support the unique demands of their product and asset class mix. Headquartered in Burlington, Massachusetts, we serve clients globally with more than 1,000 employees in 11 regional offices. (Statistics as of as of April 2020)
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33.52 trillion in assets under custody and/or administration and $3.05 trillion* in assets under management as of June 30, 2020, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street's website at www.statestreet.com.
* Assets under management as of June 30, 2020 includes approximately $67 billion of assets with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
State Street Corporation, One Lincoln St, Boston MA 02111
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