Nick Parsons named new Calastone chief technology officer

Calastone Appoints Nick Parsons as CTO:

1. Appointment Details:
   • Calastone, recognized as the world’s largest global funds network, has named Nick Parsons as its new Chief Technology Officer (CTO).
2. Industry Veteran:
   • Parsons brings over 30 years of IT and asset management experience to the role, having served as CTO at DST International and later as CEO at Bravura Solutions.
3. Key Responsibilities:
   • As CTO, Parsons will lead Calastone’s technology operations and oversee product strategy and development, playing a pivotal role in shaping the company’s future technology strategy.
4. Expansion and Automation:
   • The CEO of Calastone, Julien Hammerson, emphasizes Parsons’ role in leading the firm’s technology strategy as it expands into new verticals and supports clients through the next phase of automation.
5. Additional Hiring:
   • Alongside the CTO appointment, Calastone has also hired Adam Belding as Chief Architect to lead its Digital Investments program, contributing to the transition of the funds industry into a new era with tokenized investment vehicles.
6. Calastone’s Reach:
   • Calastone currently serves over 3,500 clients across 54 countries and handles £250 billion of investment value monthly.