Strategic Insight, a data and business intelligence provider for the global asset management community, has appointed Karl Jaeger as chief financial officer (CFO).
With over 25 years experience in the financial services sector focused on data and software, Jaeger brings a combination of operational and finance experience to Strategic Insight, which has recently completed the acquisition of BrightScope, Market Metrics and Matrix Solutions.
Jaeger has overseen the acquisition and integration of more than 30 fintech companies throughout his career.
Joel Mandelbaum (pictured), CEO of Strategic Insight, says: “I am delighted to be reunited with Karl for the fourth time over a 20 year period. He is an exemplary professional and has a rare entrepreneurial and commercial sense. This is an auspicious addition to the executive team.”
Most recently, Jaeger was chief financial officer, global transaction banking solutions at D+H Corporation and, before that, CFO at FundTech, the payments company acquired by D+H. FundTech had been a portfolio company of the private equity firm GTCR.
Prior to FundTech, Jaeger was CFO at Wall Street Systems, the treasury and FX trading software company.
At Wall Street Systems, while it was a Warburg Pincus portfolio company, Jaeger was a member of the executive team that acquired, grew and successfully sold Wall Street Systems in a trade sale.
Jaeger began his career at Thomson Financial (now Thomson Reuters), where he worked for 14 years in various finance and executive roles. Jaeger has also managed human resources, legal, facilities, IT functions, professional services and inside sales groups.
Tony Salewski, managing director of Genstar, Strategic Insight’s majority shareholder, says: “With more than 25 years of experience and a track record of transformational success, we are delighted to have Karl join Joel and the Strategic Insight executive team to help deliver the next phase of growth for the business.”
Jaeger adds: “I am extremely excited to join Strategic Insight. I am looking forward to capitalising on initiatives and investments that are already in place, to growing our leadership position and to leveraging our resources to serve the asset management industry.”
