SCORPEO, the multi asset class service provider, has opened a new US office in Boston and appointed Jack McNally as managing director for the Boston office.

McNally joined SCORPEO from Credit Suisse, where he served as a managing director and global head of the managed securities lending business and head of prime services, Switzerland. He has spent 11 years at Credit Suisse in New York, Boston and Zurich.

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Prior to this, McNally worked with Lehman Brothers.

Additionally, the firm has also hired Chris Barrow as new head of business development for London.
Before to joining SCORPEO, Barrow worked at HSBC where he was a managing director and global head of sales and marketing for prime finance.

SCORPEO, which has offices in Bermuda, London, Boston and the Netherlands, provides corporate action products to help asset managers, custodians and beneficial owners.

Matt Ruoss, CEO of SCORPEO UK said: "Chris will help us further hone our understanding of the exact needs and challenges of all parts of the investor marketplace, while Jack will drive our US growth from our new Boston office, working together with Susan Peters our head of US sales and marketing.

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McNally said: "This has undoubtedly become a much more high profile issue for US beneficial owners, asset managers and custodians, and with my colleagues in our new Boston office we’ll be making sure that SCORPEO can take hold of the opportunity and deliver something of real value to investors."