Preqin appoints new CTO to 'accelerate technology transformation'
Preqin, a specialist in alternative assets data, tools and insights, has appointed Tom Hunt as its new Chief Technology Officer.
In addition to scaling up Preqin’s technology efforts, Hunt will focus on further developing the company’s solutions and data services to continue to provide the alternatives industry with market-leading data and insights.
Hunt was formerly a technology leader at Kantar and GlobalWebIndex, both market research and data analytics companies. He brings a breadth of experience leading engineering and development teams and leveraging data science to collect and manage large and complex datasets.
Hunt joins Preqin at a time when the company is rapidly growing its solutions and technology partnerships. Preqin recently launched a suite of ESG data solutions that bring transparency and comparability to the private markets and a managed data service that enables limited partners with full-service portfolio reporting. This year, the company expanded its partnership network to make its leading alternative assets data available to customers through the Amazon Web Service Data Exchange and Snowflake Partner Network.
Preqin is headquartered in London, with engineering and information technology teams located across the Americas, Europe and Asia. The company is currently going through a strong growth phase. In 2020, it opened its 12th global office in Dubai and will open in Frankfurt this year. More than 110k global alternative assets professionals rely on Preqin for information on 35k private market firms, 65k funds and 18k institutional investors.
Mark O’Hare, founder and CEO of Preqin, says: “We are incredibly excited to have Tom on board. His experience will be instrumental in continuing to develop Preqin’s cutting-edge solutions. Our technology will enable our team of global researchers to collect the industry’s most comprehensive alternative assets data and make it available to our customers in the way they prefer – through our world-class platform Preqin Pro, APIs, mobile app or through one of our many industry partners. Over the last year, Preqin has gone from strength to strength and with an ongoing focus on developing and enhancing our tech capabilities, we will continue to provide our clients with actionable insights and forward-looking information they cannot find anywhere else.”
Hunt adds: “Preqin’s focus on innovative data solutions and customer-centricity really stood out for me. The people I have met so far at Preqin all impressed me with their industry knowledge and innovative way of thinking. I look forward to extending the company’s leading edge as the undisputed leader in alternative assets data.”