Kayenta selects Olsen as chairman 16 May 2023US Reporter: Carmella Haswell
Image: Kayentas
Kayenta, a hedge fund software solutions developer with a focus on treasury functions, has appointed Reinhardt Olsen as chairman of its board of advisors.
Olsen brings more than 30 years’ experience within the financial services sector. He was most recently head of global family office and unified one client, Americas at UBS.
During his 19-year tenure at UBS’ New York office, Olsen held a number of senior positions including managing director, head of equities Americas and managing director, global head of prime brokerage.
Previously, Olsen spent almost 14 years at Merrill Lynch (now Merrill) where he was a managing director with senior responsibilities across capital markets, sales and trading.
The board of advisors offers counsel to help Kayenta in developing a treasury management system. The firm first launched in March 2021 to target allocation inefficiencies between hedge funds and prime brokers by offering a cloud-based, modular platform that promises to reduce the high costs of financing.
In an online statement, a Kayenta representative said: “Following a successful career in senior management at UBS, Olsen brings a wealth of personal expertise and we are privileged to have him chair the group.
“We look forward to collaborating closely with Olsen and the rest of the board as we work towards achieving our shared vision for Kayenta.”
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Image: Kayentas 