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James Black Joins Allvue as Chief Operating Officer

February 4, 2021 9:00 AM EST

Former CTO of Fidelity Information Systems’ Merchant Division Adds 30 Years of Senior Technology Leadership to Allvue’s Executive Team

MIAMI--(BUSINESS WIRE)-- Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced the appointment of James Black as Chief Operating Officer. Black will oversee all business operations including customer support, client relationship functions and project implementation and will report directly to Chief Executive Officer Mark Heimbouch, working closely with him to build on the firm’s initial success and expand operations across North America, Europe and Asia.

“Allvue has a top-notch leadership team in terms of industry knowledge, leadership experience and client service, and I am excited to further bolster that by welcoming James as our new COO,” said Mark Heimbouch, CEO of Allvue. “James’ success leading global, large-scale teams, deploying processes, automation and analytics will make him an excellent addition to our team, and enable us to build upon Allvue’s dedication to a superior client experience.”

Black brings a breadth of experience to Allvue, having held wide-ranging financial technology and operations roles at investment banks, payment companies and market data firms. He most recently held the role of Chief Technology Officer and Chief Information Officer (“CIO”) of Fidelity Information Systems’ Merchant Division after its $10.4B acquisition of Worldpay, the world’s leading payment company. In this position, Black led all aspects of technology and built on his significant experience supporting enterprise clients from implementation through ongoing support.

Previously, Black was the Infrastructure CIO of Interactive Data Corp, where he helped lead a strategic transformation of the technology organization prior to the company’s successful sale to the Intercontinental Exchange (ICE). He has also held various senior technology roles at several investment banks in Europe and the US including Goldman Sachs, where he spent 15 years and served as Technology Managing Director.

“Allvue has built a formidable reputation of client service across the alternatives space and I have admired the amount of growth the firm has been able to achieve in the past year,” noted James Black, COO of Allvue. “I look forward to building upon the team’s remarkable success as Allvue continues striving to deliver best-in-class technology solutions to meet clients’ needs in today’s private markets.”

Allvue has experienced significant growth since its formation in 2019. In 2020, Allvue announced additions to its Executive Leadership Team including Mark Heimbouch as Chief Executive Officer, Yuriy Shterk as Chief Product Officer and Roman Bejger as General Counsel. The firm also launched new products including its LP Portfolio Management platform and Subscription Facility Management solutions.

About Allvue
Allvue Systems is a leading provider of investment management solutions for fund managers, investors, and administrators in the alternative investments industry. The company offers innovative, configurable investment software that eliminates the barriers between systems, information, and people, empowering superior investment decisions and streamlining processes to meet investor needs across private debt, private equity, and other alternative asset classes. Allvue was established in 2019 through the merger of Black Mountain Systems and AltaReturn, and currently manages over $2.5 trillion in assets on its platform. The company is based in Miami, FL with locations throughout North America and Europe. With a commitment to product enhancements and innovation, and a 100% focus on private capital and credit managers, Allvue helps firms make better investment decisions, enables deeper relationships with their investors and prospects, and allows them to spend less time getting information and more time using it. To learn more about Allvue, please visit: https://www.allvuesystems.com/

Remy Marin
Prosek Partners
646-818-9298
[email protected]

Source: Allvue Systems



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