Siepe, a trusted provider of technology, data and analytics, has named industry veteran Michael Oliver as its new Director of Sales for Middle-Office Services. His role will play an integral part in overseeing Siepe’s expansion into middle-office capabilities. Oliver will be responsible for driving business development to this new sector of Siepe’s product offering, building relationships with investment managers, and driving new business across the leveraged loan community. Based out of Chicago, he will report directly to Siepe’s VP of Sales and Marketing, Ryan Browning.

Oliver brings to Siepe 20 years of capital markets experience at U.S. Bank, where he was most recently Senior VP of Business Development. During his nearly two decades at U.S. Bank, he managed business development for the bank’s Corporate Trust, focusing on broadly syndicated loans (BSLs), collateralized loan obligations (CLOs), middle-market CLOs, credit facilities, business development companies (BDCs), and loan agency and commercial real estate (CRE) transactions. Prior to that, he led a relationship management team responsible for leading trustee engagements and, before that, as a relationship manager overseeing new transaction onboarding and administration.

“Michael’s 20 years of experience in the securitization sector makes him a perfect fit to drive our middle-office business as we continue to grow and expand our capabilities for the buy-side,” said Michael Pusateri, CEO at Siepe. “We’re very excited to add Michael to our growing team and look forward to the strategic contributions he will bring to the company.”

“Much like other parts of the financial landscape, CLO and hedge fund managers have evolved tremendously over the past couple of years and firms are now relying more on full and partial outsourcing for technology and operational functions, adopting new ways to manage the increasing amounts of data,” said Oliver. “It’s a very exciting time to be joining the Siepe team and I’m eager to hit the ground running to implement new ideas for the company’s middle-office services.”

Siepe has experienced impressive growth over the past year, posting a 55% increase in revenue, and recently being honored as the Best Third-Party Vendor IT Team at the 2021 American Financial Technology Awards