Stephen Van de Wetering, Founder and CEO
Stephen, founder and CEO at Empaxis, is responsible for the overall strategic growth of the firm. He launched Empaxis in 2004 to provide investment managers with a complete middle- and back-office service offering that could provide scalability and cost efficiency. Since the firm’s launch, Empaxis has steadily grown its client base, which now represents more than $55 billion in assets under administrations across North America, Europe and Asia.
Prior to launching Empaxis, Stephen worked for Advent Software, where he served as a consultant to asset management clients using Advent software to help manage their back-office processes. Before joining Advent, Stephen worked at PIMCO Advisors where he helped coordinate the firm’s migration from the PORTIA platform and to the Advent Axys system.
Stephen’s career in the back office started at Pacific Life where he was responsible for developing and maintaining automated reporting processes from the firm’s Advent system. Stephen holds a bachelor’s degree in Economics from the University of Southern California.
Doug Moromisato, CTO
Doug is the Chief Technology Officer at Empaxis, where he is responsible for the firm’s technology infrastructure and operations optimization. He has been with the firm since its launch in 2004 and was responsible for developing and implementing a highly controlled and systematic approach to the delivery of client data processing and reporting services.
Before joining Empaxis, Doug was a manager and Investment Reporting Administrator for Aspiriant Wealth Management, where he oversaw the firm’s Advent Software systems. Prior to that, Doug worked for Pacific Life in a similar capacity as Investment Reporting Administrator for the firm’s Advent systems. Prior to Pacific Life, Doug was a Corporate Trainer at T. Rowe Price Mutual Funds, where he trained hundreds of new and senior associates in the area of investments, capital markets, internal workflows, fund products and services.
Doug has also served as an operations officer for Nikkei Credit Union, where he now serves on the Board of Directors for the organization. Doug is a graduate of California State University, Long Beach, where he received a Bachelor of Science in Finance/Investments.
Stefano Nocera, COO
Stefano is the Chief Operations Officer at Empaxis, where he is responsible for the firm’s day-to-day business operations. Prior to joining the firm, Stefano was Head of Technology at Azure Wealth LLP in London. Previous to that, he served as Operations Supervisor at Coverstor (now Interactive Brokers) where he contributed to building a pioneering investment service designing a reconciliation process and other business processes.
Stefano holds a Master’s Degree in Technology and Innovation Management from the University of Sussex and a Bachelor’s Degree in International Economics from Bocconi University in Milan, Italy.
Samrat Malakar, Managing Director
Samrat is the Managing Director at Empaxis, where he is head of the firm’s India operations. As MD at the India office, he is responsible for implementing the firm’s strategic objectives and ensuring all team members meet their defined targets. Prior to being Managing Director, he served as Operations Manager and Assistant Manager at EXL.
Samrat is an Advent Certified APX Consultant and a Microsoft Certified Professional. In addition, he holds a SEI CMM Level 3 certificate.
He received his Bachelor of Science degree from Calcutta University, and then he received his GNIIT certificate in Computer Systems from India’s National Institute of Information Technology. While working towards his GNIIT certificate, he also taught computer courses.