FundsLibrary appoints Arun Sarwal as Chief Executive

 

Arun Sarwal New CEO

Fund data services and technology provider FundsLibrary announces the appointment of Arun Sarwal as Chief Executive.

Arun joins FundsLibrary, a subsidiary of Hargreaves Lansdown, from SS&C Technologies where he was Senior Vice President. Arun has extensive experience having previously been CEO of DST Investment Management Solutions, COO at Scottish Widows Investment Partnership (SWIP) and SVP within ABN AMRO’s Private Clients & Asset Management business.

During 2016 FundsLibrary successfully responded to more than 74 million requests for data and managed the distribution of over 200,000 documents to Platforms, Wealth Managers, Life Companies, IFAs and their clients.

 

Arun Sarwal, Chief Executive Officer, FundsLibrary;

“FundsLibrary is one of the leading data businesses that operates at the heart of a number of growth trends in the investment industry. The funds market has grown ten times over the last two decades. There is a growing demand for increased granularity and transparency of investment data for fund selection, risk profiling, regulation and for investors, and industry disruption from service providers and technology partners.

I am looking forward to leading the business in its next stage of growth which will be based on working with clients to broaden our service propositions, further develop our digital analytics capabilities and expand into new markets.”

 

Ian Gorham, Chief Executive Officer, Hargreaves Lansdown;

“Arun has extensive experience developing technology businesses and working in financial services, across a range of industry segments including commercial & investment banking, and asset and wealth management across the globe. To have someone of Arun’s expertise leading the FundsLibrary business demonstrates its importance and the depth of the opportunity that we believe exists in data management, analytics and regulatory services in the fund sector.”

 

Arun Sarwal Biography

SS&C Technologies; Senior Vice President 2014 – 2016

DST Global Solutions; CEO 2012 -2014

Investment Management Solutions; Chief Executive 2008 – 2012

Scottish Widows Investment Partnership (SWIP); Chief Operating Officer 2004 – 2008

Kurtosys Limited; Co-Founder 2002 – 2004

ABN AMRO Bank; Global Head, Strategic Business Development – Private Clients & Asset Management 2001 – 2002

Société Generale Investment Bank; 1996 – 2001

Crosby Group; Director: Strategy, Finance, IT & HR 1994 – 1996

KPMG; London and Central Europe 1983 – 1994

Arun is a Chartered Account, Corporate Treasurer and Chartered Marketer with an MBA from the Cranfield School of Management. He is the author of the International Handbook of Financial Instruments & Transactions and holds a private pilot’s license.