About us

Empaxis Leadership Team

About Empaxis

Investment Operations & Accounting Specialists. Data & Software Development Experts. Proven Leaders.

The investment management landscape is nuanced, complex, and constantly evolving — and we know it inside and out. With nearly 20 years of concentrated experience, we work exclusively with wealth managers, asset managers, family offices, hedge funds, and others across the investment industry.

For a reliable partner to design, implement, and maintain your operations, accounting, and development processes, look no further than the experts at Empaxis.

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Stephen Van de Wetering
Founder

For Stephen, our founder, 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.

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Samrat Malakar
President & Chief Operating Officer

Samrat is the President and 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 President and COO, 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.

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Doug Moromisato
Executive Vice President

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.

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Satyapriya Pradhan
VP Operations, MBO & BA Divisions

Satyapriya (Satya) Pradhan is the Vice President of Operations, heading the divisions of Middle- and Back-Office Outsourcing and Business Analysis.

Satya is one of Empaxis's longest tenured team members, joining in 2007. He is responsible for the overall efficacy and success of Empaxis operations, leading initiatives that deliver continuous improvements in areas like workforce planning, data migration, consultation projects, and client relationship management.

A certified Six Sigma Green Belt, he has successfully led multiple teams in leveraging technology and process redesigns to deliver fully optimized operations for investment managers.

Satya has extensive experience working with Advent Axys and APX, Tradar, Black Diamond, Orion, Tamarac, Portia, Moxy, Blaze, REX, DTCC, InvestCLoud, and Bloomberg platforms.

Satya holds a Master's Degree in Economics from Ravenshaw University and MBA in Finance from Dr. A.P.J. Abdul Kalam Technical University.

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Amish Karanwal
VP Technology

Amish Karanwal is the Vice President of Technology at Empaxis, where he oversees all IT management functions, as well as the development and execution of automation solutions, software, and custom-built applications for our clients.

With a strong background in multi-tier applications, Software-as-a-Service (SaaS) applications, and solutions architecture, Amish leverages his expertise and leadership to create scalable and robust solutions that are tailored to the unique demands of the finance and investment industries.

Prior to joining Empaxis, Amish was an Associate Consultant at Siemens as well as a freelance Solutions Architect.

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Roberto Marinelli
Director, Head of Professional Services Delivery

Roberto Marinelli is the Director and Head of Professional Services Delivery at Empaxis. In his role, he develops process transformation roadmaps and oversees systems integration projects to be completed for investment firms and financial institutions.

Born and raised in São Paulo, Brazil, Roberto relocated to Hong Kong in 2015 while he was the Director of Enterprise Services–Digital Transformation at Hewlett Packard. Roberto has resided in Hong Kong since then, where he has also served as Head of Fintech Engagements, Digital Partnerships, and Innovation at HSBC, as well as Head of Professional Services at InvestCloud, prior to joining Empaxis.

Previously in Roberto’s career, he has successfully managed and led digital transformation projects for other large multinational organizations he worked at, including IBM, GE, Carrefour, and Phillips.

Roberto graduated from FASP University in São Paulo with a degree in Business Administration.

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Aditya Nayak
AVP & Client Relationship Manager

Aditya is the Assistant Vice President and the Client Relationship Manager at Empaxis. In his role, he maintains regular communication with clients and oversees project management, performance measurement, and strategic planning.

Aditya has significant software experience, working with a range of platforms including Advent Axys, SimCorp, Palantir, SQL, eFront, Bloomberg, FactSet, Power BI, MicroStrategy, HubSpot, and Jira.

Aditya re-joined the organization in 2021, having previously worked at Empaxis for 2 years (2004-2006). Prior to re-joining, he worked for Abu Dhabi Investment Authority, where he oversaw performance and risk measurements for illiquid asset classes.

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Pradeep Deondi
Senior Manager, Operations

Pradeep is a Senior Manager of Operations, overseeing the reconciliation reporting team. In his role, he is responsible for day-to-day processes being carried out and ensuring client deliverables are met.

Pradeep is a planner and problem-solver. He makes sure reconciliation team members are properly trained and equipped, holding them to high standards and expecting top performance. Clients trust in him to be the solutions architect and deliver real results.

Pradeep has extensive experience with portfolio accounting and investment management technology, including Advent Axys, APX, Moxy, Rex, Tradar, Portfolio Center, InvestCloud, Multifonds, Frontier, Bloomberg, Nirvana, DataHub, Paxus, and Odin.

He re-joined Empaxis in 2021, having previously worked here for 5 years (2007-2012). Before re-joining, Pradeep served as a manager at Citi and Delivery Manager for Nirvana Solutions.

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Andrew Orr
Head of Marketing

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.

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Akshat Bhardwaj
Manager of Human Resources

Akshat is the Manager of Human Resources at Empaxis. In his role, he oversees all responsibilities related to hiring, as well as managing payroll, employee benefits, compliance, and other relevant administrative tasks.

Since joining the team in 2018, Akshat has played a leading role in strengthening and standardizing Empaxis company culture, an important job for an Empaxis organization that has more than doubled in size in that time.

Additionally, Akshat has been instrumental in increasing the caliber of talent that works at Empaxis. His ability to identify and hire the best talent in investment operations, automation, application development, and business analysis has been a great benefit forboth Empaxis and clients alike.

Prior to joining Empaxis, Akshat was an HR Executive at IDEMIA, where he was responsible for recruitment, payroll, and statutory compliance activities.

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