The Asset Management Exchange (‘AMX’), an institutional platform for investors and asset managers, today announces the appointment of Larry Morrissey as Chief Compliance Officer for AMX Ireland.
Larry joins AMX Ireland, which manages over $8 billion in assets, as AMX Ireland’s Chief Compliance Officer and designated person with responsibility for regulatory compliance, based in their offices in Cork, Ireland.
He joins from MPMF Fund Management (Ireland) Limited (“MPMF”) where he served for 3 years as Senior Vice President and acted in various compliance roles on behalf of a number of large institutional clients. He was the main point of contact on regulatory matters and also assisted with the distribution of funds in the EU.
Whilst at MPMF, he was a key member of the operational team that led to the onboarding of one of the UK’s largest asset managers and led projects for several management company’s conversion to CP86 in 2018.
Prior to this he was Head of Investment Fund Listings at Maples and Calder for nine years.
“We are welcoming Larry to AMX Ireland with fifteen years of experience and a vast knowledge of the investment funds industry. With over twenty five people in our Cork offices, in areas such as technology, finance, risk and operational oversight, Larry, in this newly created role as Chief Compliance Officer, will be an important addition to our growing team.” – Jonathan Greenwold, Head of Legal, Compliance and Risk
Launched in February 2017, AMX was designed to fundamentally transform institutional investment for the benefit of the end saver by standardising, centralising and streamlining the process of investing, making implementation and monitoring more efficient.
Notes to editors
AMX centralises, standardises and streamlines the process of investing, making implementation and monitoring more efficient through:
- Reduced duplication of cost, resource and time
- Economies of scale in relationships with other service providers, such as market counterparties, custodians, clearers and prime brokers
- Standardised legal documentation
- Timelier and more accurate reporting through centralised data
- Reduced complexity via standardised infrastructure and a centralised back office.
AMX secures better pricing because of the buying power of the exchange by centralising operating costs, such as custody and administration at the exchange, thereby lowering operating expenses.
AMX also offers enhanced control for investors via an independent risk oversight function and single portfolio interface to centralise and standardise compliance, minimising distractions from the core investment function while providing greater investor confidence.
About The Asset Management Exchange
The Asset Management Exchange (“AMX”) is an institutional platform that gives investors and asset managers a way to do business with each other.
Built with a fund infrastructure that’s designed for the needs of institutional investors, AMX standardises, centralises and streamlines the entire process of investing so it works better for everyone.
AMX negotiates with managers, transitions assets, provides reporting and adds an extra layer of oversight.
The platform is open to all investors and managers across the investment industry.
Sam Horril, Media Relations, Willis Towers Watson: email or +44 20 3124 6087