SimCorp North America has merged its product, account management and sales organization under a single leader.

Marc Mallett is to lead the newly-merged product, account management and sales organizations for SimCorp North America.

“By consolidating product and sales, clients and prospects will be able to work with a more streamlined organization unified under a single point of executive accountability,” said James Corrigan, managing director of SimCorp North America, a provider of investment management solutions and services to the global financial services industry.

Mallett joined SimCorp North America in January 2015 to establish “a more formal local product management organization,” the firm said, adding: “Since then, he has demonstrated success in developing new business, enriching SimCorp's client engagement model, and driving North American partnerships with the consulting community.”

Before joining SimCorp, Mallett held leadership roles at firms such as Northern Trust, where he was head of product and strategy of global fund services, and the consultancy Citisoft, where he was chief operating officer. He also previously served as a vice president of technology at Fidelity Investments.