Peterâs appointment is part of Citisoftâs strategy to expand its advisory capabilities across a broad range of client needs. Todayâs investment management marketplace is placing a premium on people and solutions that operate at the intersection of business, operations, and technology; and Peterâs experience and strong record of accomplishment across the investment management lifecycle make him an ideal fit. Peter will be based out of Citisoftâs Boston headquarters and will report to Paul Migliore, Citisoft, Inc.âs Chief Executive.
Peter joins Citisoft from Ernst & Young, where he was a partner in the Financial Services and Investment Management practice with the primary responsibility of leading audit and advisory client relationships. Peter spent over 20 years with the firm consistently demonstrating the ability to deliver world-class client service. Peterâs achievement has come as a result of his extensive knowledge of operations, accounting, and financial reporting of all flavors of investment products and their service providers, including mutual funds, hedge funds, common and collective trust funds, managed separate accounts, investment advisors, and transfer agents.
âJoining Citisoft is a fantastic opportunity for me and I am truly excited about the direction this organization is headed in,â says OâToole. âOur industry is facing new challenges as a result of continued regulatory pressure, investment product expansion, and all flavors of outsourcing. Iâm really looking forward to combining forces with the very talented Citisoft team to help resolve those problems, especially when it comes to assisting firms achieve effective operations control and related risk reduction.â
Migliore states, âPeter OâToole has the unique blend of skill and experience that our clients are looking for. Our consulting business has evolved over 25 years to support not only technology advisory services, but operations control, outsourcing, and other domains. Peter is a perfect addition to our team. He is able to operate at the most-senior levels in servicing our clients and can do so with a practitionerâs understanding of what it takes to get results in this business.â