The Asset Management Exchange (AMX), an institutional platform for investors and asset managers with more than $8bn in assets, has announced the appointment of Larry Morrissey as chief compliance officer for AMX Ireland.
Morrissey will be based at offices in Cork, Ireland and be the designated person with responsibility for regulatory compliance at AMX Ireland.
He joins from MPMF Fund Management (Ireland) Limited (MPMF) where he served for three years as senior vice president and acted in various compliance roles on behalf of a number of large institutional clients. He was the main point of contact on regulatory matters and also assisted with the distribution of funds in the EU. At MPMF he was part of a team that onboarded a large UK asset manager, and led projects in the company's conversion to CP86 in 2018.
Before MPMF he was head of Investment Fund Listings at Maples and Calder.
Jonathan Greenwold, head of Legal, Compliance and Risk, AMX said: "We are welcoming Larry to AMX Ireland with fifteen years of experience and a vast knowledge of the investment funds industry. With over 25 people in our Cork offices, in areas such as technology, finance, risk and operational oversight, Larry, in this newly created role as chief compliance officer, will be an important addition to our growing team."
AMX launched in February 2017 to standardise and streamline the process of investing on behalf of institutional clients, by offering investors and asset managers access to a common platform. It seeks better pricing through buying power of its exchange, and seeks to cut operating expenses by centralising operating costs in areas such as custody and administration.