PFPC International Ltd., a unit of PNC Financial Services Group Inc. that provides accounting and administration services, said it has hired two senior financial services representatives for its new office in London to expand its global business development effort.
The unit announced on Monday that it has hired Ian Cumberpatch as a director and Tim Jones as a vice president.
Mr. Cumberpatch will run the London office. He has 18 years of experience in the financial services industry. Most recently he worked for Fidessa LatentZero Ltd.
Mr. Jones will oversee European alternative investment sales. He joined PFPC International from Beauchamp Financial Technology Ltd. He has focused on the hedge fund industry for the last seven years.
PFPC International provides services for $103 billion of assets. In addition to its new office in London, the unit has offices in Dublin, Navan, and Wexford, Ireland, as well as in Luxembourg.
Its immediate parent, PFPC Worldwide Inc., offers fund accounting and administration, transfer agency, custody and subaccounting services for 70 million shareholder accounts representing $2.4 trillion of assets.
