Latest news with #Allfunds
Finextra
03-07-2025
- Business
- Finextra
Allfunds appoints Daniel Jesus Alonso as new head of US
Allfunds (AMS: ALLFG), the leading WealthTech platform with over €1.5 trillion in assets under administration, today announces that Daniel Jesus Alonso will be joining Allfunds as its new Head of US. 0 Effective July 9th and based in Miami, Alonso will report to Gianluca Renzini, Chief Commercial Officer, and will play a key role in driving Allfunds' growth in offshore markets while strengthening its wealth management and product development initiatives. Daniel joins Allfunds from Morgan Stanley Wealth Management where he played a pivotal role in the expansion of the international (US Offshore) business most recently serving as Head of International Wealth Management (IWM) Product Development. In this role, he led investment product strategy, development, and distribution for international clients. Prior to that, he served as an Executive Director within Morgan Stanley's Investment Solutions Organization, overseeing the International Product Specialist team. With nearly two decades of experience in international wealth and private banking he brings deep expertise across capital markets, alternatives, traditional and advisory investment solutions. Earlier in his career, he worked in capital markets, providing sales and trading coverage to International Wealth, Middle Market, and Private Banking clients across structured investments, equities, and fixed income. Daniel holds an MBA from Dowling College and a BA from Montclair State University, and he is both CFP® and CIMA® certified. He has also completed the FINRA Series 7, 24, 55, and 66 exams, reflecting his comprehensive knowledge of investment management and regulatory requirements. Gianluca Renzini, Chief Commercial Officer for Allfunds said 'We are very pleased to welcome Daniel to our team as we strengthen our presence in key markets. His extensive experience in international wealth management and deep understanding of the US offshore market make him the ideal leader to drive our growth strategy in the Americas. This appointment reflects our commitment to bringing world-class talent to accelerate our expansion into high-growth markets.' Daniel Alonso, incoming Head of US for Allfunds, added 'Allfunds stands out in the US offshore market for its ability to deliver both private and public market solutions in multiple currencies within a single, integrated ecosystem. Its commitment to innovation and deep understanding of evolving market and product trends creates a compelling opportunity. I'm excited to be part of this journey and to contribute to the company's continued growth and commitment to the region.'
Yahoo
02-07-2025
- Business
- Yahoo
Citi Wealth teams up with Allfunds to enhance client services
Citi Wealth has entered a partnership with Allfunds, aiming to improve the speed and efficiency of services for its clients using the latter's platform. The Allfunds system will facilitate smoother processes for trade execution, settlement, and reconciliation. Additionally, Citi Wealth will act as a sub-distributor for Allfunds, enabling broader access to third-party investment products through the platform. Allfunds chief commercial officerGianluca Renzini said: 'Citi Wealth brings deep expertise in client solutions and wealth management to everything they do. 'This collaboration supports our position as a premier technology partner for top-tier firms like Citi in addressing market changes and continuing to deliver the outstanding service their clients expect.' The initiative will first roll out for Citi Private Bank clients in the EMEA region later this year, with plans to extend Allfunds' capabilities to other regions in 2026 and 2027. Citi Wealth stated that this collaboration aligns with its ongoing commitment to providing a top-tier investment experience for clients across various regions and segments. Citi Wealth alternatives and investment manager solutions head Daniel O'Donnell said: 'We are focused on establishing strong partnerships with best-in-class providers to support growth and innovation across Citi Wealth. 'Our partnership with Allfunds is an important step in our efforts to strengthen and simplify our business and enhance our client and banker experience.' Last month, investment firm Carlyle announced partnership with Citi to explore asset-backed financing opportunities in the fintech specialty lending sector. The agreement includes a framework for sharing market intelligence and assessing co-investment and financing prospects. "Citi Wealth teams up with Allfunds to enhance client services" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Citi Wealth teams up with Allfunds to enhance client services
Citi Wealth has entered a partnership with Allfunds, aiming to improve the speed and efficiency of services for its clients using the latter's platform. The Allfunds system will facilitate smoother processes for trade execution, settlement, and reconciliation. Additionally, Citi Wealth will act as a sub-distributor for Allfunds, enabling broader access to third-party investment products through the platform. Allfunds chief commercial officerGianluca Renzini said: 'Citi Wealth brings deep expertise in client solutions and wealth management to everything they do. 'This collaboration supports our position as a premier technology partner for top-tier firms like Citi in addressing market changes and continuing to deliver the outstanding service their clients expect.' The initiative will first roll out for Citi Private Bank clients in the EMEA region later this year, with plans to extend Allfunds' capabilities to other regions in 2026 and 2027. Citi Wealth stated that this collaboration aligns with its ongoing commitment to providing a top-tier investment experience for clients across various regions and segments. Citi Wealth alternatives and investment manager solutions head Daniel O'Donnell said: 'We are focused on establishing strong partnerships with best-in-class providers to support growth and innovation across Citi Wealth. 'Our partnership with Allfunds is an important step in our efforts to strengthen and simplify our business and enhance our client and banker experience.' Last month, investment firm Carlyle announced partnership with Citi to explore asset-backed financing opportunities in the fintech specialty lending sector. The agreement includes a framework for sharing market intelligence and assessing co-investment and financing prospects. "Citi Wealth teams up with Allfunds to enhance client services" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Finextra
01-07-2025
- Business
- Finextra
Citi Wealth taps Allfundds for streamlined trade execution
Citi Wealth is entering into an agreement with Allfunds to leverage their leading technology platform to provide enhanced speed and execution for Citi Wealth clients. 0 The innovative Allfunds platform will enable streamlined trade execution, settlement, and reconciliation processes. In addition, as a new sub-distributor for Allfunds, Citi Wealth will leverage the full scope of the Allfunds platform to enhance the availability of third-party investment offerings. 'We are focused on establishing strong partnerships with best-in-class providers to support growth and innovation across Citi Wealth. Our partnership with Allfunds is an important step in our efforts to strengthen and simplify our business and enhance our client and banker experience,' said Daniel O'Donnell, Head of Alternatives and Investment Manager Solutions. 'Citi Wealth brings deep expertise in client solutions and wealth management to everything they do. This collaboration supports our position as a premier technology partner for top-tier firms like Citi in addressing market changes and continuing to deliver the outstanding service their clients expect," added Gianluca Renzini, Chief Commercial Officer for Allfunds. Citi Wealth is targeting the launch of these services for Citi Private Bank in EMEA later this year, with additional regions expected to benefit from Allfunds' capabilities in 2026 and 2027. This partnership is part of Citi Wealth's broader efforts to deliver an industry-leading investment offering for clients across regions and segments.
Int'l Business Times
25-06-2025
- Business
- Int'l Business Times
From IPOs to AI Energy: Luis Martin's Vision for Systemic Entrepreneurship
Luis Martin What does it take to build a business that lasts? For strategic innovation leader Luis Martin, the answer lies in the systems behind the scenes. Over the past decade, he's led billions of dollars in acquisitions, managed one of Europe's most successful tech IPOs, helped to implement AI at a fast-growing Asian neobank, and scaled clean energy infrastructure. Each of these milestones was part of a broader strategy that Martin calls "systemic entrepreneurship," a deliberate, long-term approach to innovation that prioritizes foundational change over short-term disruption. Shaped by a decade of strategic reinvention across multiple industries, Martin's career offers a case study in how strategic patience can drive sustainable business success. The Rocket that Launched a Roadmap In 2015, Luis Martin stood alongside his father and grandfather watching SpaceX's Falcon 9 land back at Cape Canaveral, Florida. Witnessing this technological marvel showed him what human ingenuity and long-term thinking combined with relentless execution could achieve, and inspired him to learn how to build the systems that make these types of breakthroughs possible. To realize this goal, he first had to gain experience in high-stakes business environments. From there, he planned to pursue advanced education in innovation and technology before applying those tools to industry-leading ventures. In his words: "the inspiration from that Falcon 9 landing weekend has driven my decade-long journey toward impactful technological entrepreneurship." Building the Business Case for Systemic Change Martin began his career in management consulting and corporate strategy at global consulting firm Ernst and Young. He joined shortly after graduating and began developing an expertise in mergers and acquisitions that would serve him well at his next stop. In 2017 he joined Allfunds, a major financial platform undergoing a radical transformation. As the company transitioned from a traditional fund distributor into a technology-driven WealthTech platform offering digital tools, Martin was tasked with helping to find partners that could drive that change. Over the next five years, he led the acquisition of eight companies across Europe, overseeing transactions valued at more than €1.5 billion, and also served as the project manager for the company's IPO, which was recognized as "EMEIA IPO of the Year" in 2021. At Allfunds, Martin helped modernize a legacy institution from within, showing that transformation was possible without starting from scratch. With the completion of the IPO, it was time for the next milestone on his career roadmap. From MIT to Southeast Asia: Turning Theory into Practice Luis Martin Martin entered the MBA program at MIT Sloan in 2022 with the clear goal of deepening his expertise in innovation, enterprise AI, deep tech commercialization, and venture capital. He eventually joined up with his fellow MBA students to help GoTyme, one of Southeast Asia's fastest-growing neobanks, implement AI into its daily operations. GoTyme's goal was to help customers from the Philippines bank entirely online, but as it grew, users began to disengage because customer support was lacking. To help solve this issue, Martin and his team created AI algorithms that could predict when users were likely to disengage and send personalized, automated follow-ups to try and prevent them leaving. The team then introduced an AI-enabled chatbot that improved customer service by answering questions immediately, freeing up human reps to manage more complex needs. He also realized the importance of the human systems behind technology. When frontline employees resisted adoption for fear of being replaced by AI, he led workshops in which he reframed the tools as supportive rather than threatening. "This collaborative approach transformed initial skepticism into enthusiastic adoption, improving customer satisfaction in the process," he explains. At MIT, Luis also became a mentor and guide to early-stage founders. As a teaching assistant in the Fintech Ventures Studio course, he helped student teams refine their ideas, sharpen their GTM strategies, and prepare for investor conversations. One of the founders he mentored went on to raise significant capital and join the MIT accelerator, a partnership that continues to this day. Mentoring at MIT showed him that building systems also meant helping others build their own. How Luis Martin Helps to Power the Future at Exowatt Martin now works at clean energy company Exowatt, where he leads growth and strategic initiatives designed to scale dispatchable, clean energy systems for AI. AI has a power problem, as it creates massive energy needs around the globe. Exowatt helps combat this by concentrating solar energy as heat, storing it as thermal energy, and then converting it back to electricity on demand, allowing for constant and consistent distribution of power. It's a more sustainable way to solve the power demands of AI. Most importantly, Exowatt is approaching AI's biggest challenge at the systems level, as they realize that the next stage is not just about more powerful algorithms but the underlying infrastructure. Martin's emphasis on systems is central to making that approach work. A Career Built on Structure, Not Speed Rather than chasing trends or quick wins, Luis Martin has focused his career on building the systems that support more sustainable innovation. From major acquisitions and a landmark IPO to deploying AI in emerging markets and scaling clean energy infrastructure, each step in his career is part of his broader plan. His success isn't because of luck, a sudden pivot, or unexpected breakthrough, but a decade of hard work, dedication, and compounding experience which has refined his ability to help meaningful progress take root. His approach is a reminder that meaningful progress is built over time, guided by structure and purpose rather than immediacy or impulse. AI Artificial intelligence
