Charles River® Appoints Vin Bhat as New Head of Asia-Pacific
May 05 2024 - 7:50PM
Business Wire
Charles River Development (CRD), a State Street Company, has
appointed Vinayak Bhat (Vin) as senior vice president (SVP), head
of Asia Pacific (APAC), where he will be responsible for all
business oversight within the region and collaboration with State
Street Alpha®, the first front-to-back asset servicing platform
from a single provider for institutional investors. Charles River,
provider of the Charles River Investment Management Solution
(Charles River IMS), was acquired by State Street in 2018.
Vin joins Charles River from FactSet Research Systems where he
was head of the Asia Pacific business. Vin has over 25 years of
experience in leadership positions in sales, consulting, and
engineering. Prior to his time at FactSet, Vin spent a decade at
Tata Consultancy Services.
“I’m very pleased to welcome Vin to the Charles River and Alpha
platform organization,” said Spiros Giannaros, CEO and President of
CRD. “In addition to his responsibilities for Charles River APAC,
Vin will have client and commercial oversight of the Middle East
and take on committee chair for a newly formed Alpha APAC executive
committee. Vin’s primary location is Singapore, which allows him to
work closely with the broader State Street organization on go-to
market initiatives and client servicing.”
Vin remarked, “I am delighted to be joining CRD at a time of
exceptional demand and excited to work closely with our Charles
River and State Street Alpha clients, continuing our open
partnership model that has been at the core of our success. I look
forward to working with my new colleagues to build on growth and
expansion in the region.”
Vin has a Bachelor’s degree in Electronics Engineering from
National Institute of Technology Surat, India, and an MBA in
General Management from the Indian Institute of Management,
Ahmedabad. Vin is a CFA® charterholder, CFA Institute.
About Charles River Development, A State Street
Company
Investment and wealth managers, asset owners and insurers in
over 30 countries rely on Charles River IMS to manage USD $59
Trillion in assets. Together with State Street’s middle and back
office services, Charles River’s cloud-based front office
technology forms the foundation of State Street Alpha®. Charles
River IMS helps automate and simplify the 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 for Private Markets helps
solve complex data challenges for investors in private credit, real
estate, private equity, and infrastructure. Charles River’s partner
ecosystem enables clients to access the data, analytics,
application and liquidity providers that support their product and
asset class mix. With more than 135% increase in headcount over the
last 5+ years, Charles River serves clients globally offering 24/7
support. To learn more visit www.crd.com.
*Statistics as of Q1 2024. Assets are inclusive of clients using
the platform for purposes of secondary compliance.
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 $43.9 trillion in assets
under custody and/or administration and $4.3 trillion* in assets
under management as of March 31, 2024, State Street operates
globally in more than 100 geographic markets and employs
approximately 46,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
* Assets under management as of March 31, 2024 includes
approximately $66 billion of assets with respect to SPDR® products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
Charles River Development - A State Street Company is a wholly
owned business of State Street Corporation (incorporated in
Massachusetts).
©2024 STATE STREET CORPORATION
6593055.1.1.GBL
Information Classification *General
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Media Kate Cheung kate.cheung@StateStreet.com
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