TISA Steering Committee apppoints Head of Re-registration
Alistair Reid has been appointed by TISA’s Platform Re-registration Executive Steering Committee to head up the re-registration programme with immediate effect.
Chairman of the Committee, David Dalton-Brown said:
‘We are very pleased to have on board someone with Alistair’s extensive and wholly relevant know-how. His time spent managing highly complex, multi-participant projects such as the electronic settlement process within Crest is likely to prove invaluable.’ ‘This is a complex initiative and it was important that we found someone not only with the appropriate knowledge but also the necessary experience of dealing with people at a senior level in the investment industry – an essential quality if we are to support the buy-in we already have from the multi stake holders involved in the re-registration programme.’
…..endsFor further information, please contact:
Malcolm Small, Director of Portfolio and Retirement Planning, TISA, Mobile: 07989 500 771, malcolm.small@tisa.uk.com
David Dalton-Brown, Chairman TISA’s Platform Re-registration Executive Steering Committee Mobile: 07775 555 165 David.Dalton-Brown@barclayswealth.com
ssued on behalf of TISA by Cauldron Consulting, contact Steve Radford – Tel: 020 3178 7238, Mobile: 07889 903786 Email: steve.radford@cauldron-consulting.com
Notes for Editors
1. Alistair Reid was previously Chief Operating Officer (September 2004 – April 2010) at Thornhill Investment Management Ltd, having spent the preceding two and a half years in consultancy and project management. From October 1998 to February 2002 he was a Senior Vice President, Securities Services at J P Morgan Chase and prior to that Managing Director of Morgan Stanley Trust Co (April 1997 to October 1998).
His earlier career was spent as Director of Custody, Barclays Global Securities Services (January 1993 to April 1997); Operations Director, Morgan Grenfell Asset Management Ltd, (August 1983 to January 1993) and as an investment accountant with John Govett & Co (July 1979 to August 1983).
Alistair is a member of the Institute of Chartered Accountants of Scotland and graduated as a Bachelor of Laws from the University of Dundee.
Other pertinent positions that Alistair has held are listed below:
SWIFT Securities Standards Steering Board
Electronic Trade Confirmation Users Group
Institutional Fund Managers Association, Practices Committee
2. Reporting to the TISA Executive Platform Re-Registration Committee this role includes responsibility for:-
Building on the work completed by Logica, developing and maintaining the programme plan for the platform re-registration programme, covering all the major milestones leading up to the full implementation of the service (with a target implementation date prior to the implementation of RDR)-
Overseeing each of the activities in the programme plan with the aim of securing the support of the major platforms, third party administrators and Fund Groups
Working with existing industry bodies to ensure that the agreed mechanisms for the implementation of re-registration are used to create robust, industry standards, end to end re-registration processes and associated service level agreements that can be deployed by any service provider, platform or fund group in the UK
Working with Swift, platforms and fund groups to agree and secure the delivery of a pilot of the new Platform re-registration standards, supporting processes and service level agreements
Engaging with and keeping abreast of all developments all suppliers, industry providers of services, platforms and fund groups and securing their support for the implementation of the re-registration service
Engaging with the FSA to ensure that it remains fully informed of progress in the implementation of the re-registration service
The Tax Incentivised Savings Association (TISA)
TISA is the premier industry funded body in the UK retail savings and investment industry. By engaging with member firms, government, political parties, regulators and consumer groups TISA’s ultimate goal is always to further consumers’ best interests. It seeks to improve the range, features and quality of savings and investment schemes available, at the same time encouraging more people to save for their long term financial security and peace of mind.
Uniquely, TISA is able to articulate the opinions of the whole savings and investments marketplace, its membership comprising over 120 firms involved in all aspects relating to the supply and distribution of financial products and services.
TISA’s remit extends across the broad spectrum of government sponsored savings and investment vehicles.