Matt Okolita’s role will see him lead the firm’s global outsourced business services arm as part of IQ-EQ’s growth strategy.
IQ-EQ, the service provider to the global community of alternative asset managers has named Matt Okolita as Global Head of Outsourced Business Services, a role that demonstrates IQ-EQ’s focus on growing its global business during a pivotal year for the alternative asset and investor services industry.
In the U.S., the world’s largest and fastest growing market, IQ-EQ operates across 7 U.S. states and employs 550+ people with plans to significantly grow this number in 2022 thanks to continued strong business growth.
Matt previously led Greyline Partners LLC, a regulatory, compliance and governance consultancy which was acquired by IQ-EQ in November 2021. In this new role IQ-EQ will look to leverage his entrepreneurial flair and regulatory expertise to grow its successful outsourced business services offering. Matt will report directly to Mark Fordyce, Regional CEO, Americas and join the IQ-EQ U.S. executive leadership team.
As Global Head of Outsourced Business Services, Matt will play an active role in an increasingly expanding area of IQ-EQ’s business. The impact of the Covid-19 pandemic on financial services has created significant further market demand for outsourced business solutions to fill critical personnel and resource gaps.
Speaking about his new role, Matt said: “I am delighted to take on this new role at IQ-EQ. We are focused on expanding our outsourced business services offering to provide clients with best-in-class service where and when they need it. From providing finance and operations support to demystifying the regulatory landscape, I’m confident that together with our Outsourced Business Services team we will continue to lead this growing sector.”
Mark Fordyce, Regional CEO, Americas, commented: “Matt’s background across technology, compliance and regulation, as well as his commercial expertise and leadership qualities, shows he truly understands where our clients need the most support, and knows exactly what we can do to better serve them. I am delighted to have Matt join our U.S. executive leadership team and am confident that with his help IQ-EQ will long be recognized as the most complete service provider to the global community of alternative asset managers and employer of choice in this industry.”
