Empaxis Leadership Team

Stephen Van de Wetering

For Stephen, our founder and CEO, Empaxis began with an insider’s insight: Investment management firms spend too much time and money completing middle- and back-office operations.

Stephen began his career helping firms manage and coordinate their back-office services. First for Pacific Life, where he was responsible for developing and maintaining automated reporting processes from the firm’s Advent system; then at PIMCO Advisors, where he oversaw the firm’s migration from the PORTIA platform to the Advent Axys system. From there, Stephen took on a role at Advent Software, serving as a consultant to asset management clients using the software to help manage their back-office.

In these roles, he gained a mastery of back-office processes — and saw the widespread operational inefficiencies many firms face. He set out to find a better solution — one that would allow businesses to scale easily, and increase cost efficiency.

Stephen launched Empaxis in 2004 — and in the years since, he continues to maintain responsibility for the firm’s overall strategic growth. With Stephen’s oversight, Empaxis has grown into an industry leader. Today, our Empaxis team is proud to represent investment firms across North America, Europe, and Asia. Stephen is a graduate of the University of Southern California, where he received a bachelor’s degree in Economics.

Doug Moromisato

Doug is an Executive VP at Empaxis, where he is responsible for technology and operations decisions and optimization. He has been with the firm since its launch in 2004 and leads the development and implementation of highly controlled and systematic solutions for client data processing and reporting services.

Before joining Empaxis, Doug was a manager and Investment Reporting Administrator for Aspiriant Wealth Management, where he oversaw the firm’s Advent Software systems. Prior to that, Doug worked for Pacific Life in a similar capacity as Investment Reporting Administrator for the firm’s Advent systems.

Before Pacific Life, Doug was a Corporate Trainer at T. Rowe Price Mutual Funds, where he trained hundreds of new and senior associates in the area of investments, capital markets, internal workflows, fund products and services.

Doug has also served as an operations officer for Nikkei Credit Union, where he has served on the Board of Directors for the organization. Doug is a graduate of California State University, Long Beach, where he received a Bachelor of Science in Finance/Investments.

Samrat Malakar

Samrat is the Chief Operating Officer at Empaxis, and he is responsible for implementing the firm’s strategic objectives and ensuring all team members meet their defined targets.

Prior to being Managing Director, he served as Operations Manager and Assistant Manager at EXL. Samrat is an Advent Certified APX Consultant and a Microsoft Certified Professional. In addition, he holds a SEI CMM Level 3 certificate.

He earned his Bachelor of Science degree from Calcutta University, and then he received his GNIIT certificate in Computer Systems from India’s National Institute of Information Technology. While working towards his GNIIT certificate, he also taught computer courses.

Andrew Orr

Andrew is the Head of Marketing at Empaxis, where he is responsible for increasing the firm’s online and global exposure, as well as educating investment managers about the benefits of investment operations outsourcing and automation technology.

He originally interned with Empaxis as a reporting analyst in 2012. He then moved to Chengdu, China, where he taught IELTS at Sichuan University and provided English training for companies, including Air China. In 2015, he rejoined the firm full-time.

Andrew is a graduate of California State University, Long Beach, where he received a Bachelor’s degree in International Business with an emphasis in Mandarin Chinese.