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Depowise, the Estonian-founded oversight and process automation startup for financial services firms, is expanding into the United Kingdom and Ireland. The company aims to increase its current 5% market share tenfold in the domiciled funds market of Luxembourg, Ireland, and the UK, valued at more than €16.5 trillion. Over the next five years, Depowise plans to achieve a volume of assets on the platform of €8 trillion and become a market leader.
Leading this significant expansion is Leonid Belov, the newly appointed Managing Director for the UK and Ireland. Belov has a wealth of experience across front-to-back and cross-asset-class solutions, having worked in leading financial institutions such as BlackRock, State Street, MSCI, and Bloomberg.
"Having...
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