About Us 2018-07-19T15:19:34+00:00

Our Mission

To bridge the gap between
people, process & technology

Founded in 2004, Empaxis is a leading provider of high-caliber, highly customized back-office outsourcing and reconciliation services for the asset management industry. We work with asset managers, hedge funds, family offices, and middle- and back-office technology vendors to ensure our clients’ back-office accounting and reporting processes are executed with accuracy and expediency.

EXPERIENCE EMPAXIS WORLD CLASS SUPPORT

Having a global, follow-the-sun support infrastructure means we’re always available to address any issues that arise. Empaxis has strategically located its global team across North America, Europe and India to deliver timely back-office processing support to our clients. Regardless of your fund’s location, the Empaxis team can ensure your accounts are reconciled and reports are run through our proprietary Quality Assurance System by the time your team arrives in the office, well ahead of the market open.

We specialize in developing, implementing and supporting highly customized trade reconciliation and reporting processes for our clients and our middle- and back-office vendor partners.

Professional Team

Founder & CEO

STEPHEN VAN DE WETERING

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.

CTO

DOUG MOROMISATO

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.

Managing Director

SAMRAT MALAKAR

Samrat is the Managing Director at Empaxis, where he is head of the firm’s India operations. 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.

Client Services Manager

SANDY HOWARD

Sandy is the Client Services Manager at Empaxis where she is responsible for managing client relationships. As an advocate for our clients, she works directly with our clients and operations team to ensure client satisfaction. She has been with the firm since 2009 working in Administration for 7 years before joining our management team in January 2017.

Prior to joining Empaxis, Sandy worked in the title & escrow industry for 18 years as a sales administrator where she was responsible for the assistance and administration of 25 title sales representatives.

Head of Sales

DAVID MAYNARD

David is the Head of Sales at Empaxis, where he is responsible for new business development as well as offering new solutions and services to existing clients. He joined the firm in April 2018, and prior to joining Empaxis, he was the Chief Development Officer at DASCO Development Corporation, where he raised capital for development projects.

He established relationships with the world’s leading investment managers. Prior to that, he worked for Societe Generale as a Metal Derivates Director, where he expanded the firm’s customer base in the US and Europe. Born in London, David graduated from Imperial College with an Honors degree in Mining Engineering.

Marketing Manager

ANDREW ORR

Andrew is the Marketing Manager at Empaxis, where he is responsible for increasing the firm’s exposure by managing the website, creating and publishing marketing content. He originally interned with Empaxis as a reconciliation reporting analyst. He then taught Business English classes at Sichuan University in Chengdu, China, for two years.

In 2015, he rejoined the firm full-time. Andrew is a graduate of California State University, Long Beach, where he received a Bachelor’s degree in International Business with an emphasis in Mandarin Chinese.

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