After being Chief Operating Officer of Challenger for 15 years, David Mackaway took the leap into an exciting joint venture.
In late 2022, David Mackaway was thrown an opportunity. Leave his job of 15 years as Group Chief Operating Officer at Challenger and run the recently announced joint venture between SimCorp and Challenger to create a technology driven, local investment administration platform.
“I could see the opportunity for the industry straight away,” David says.
“I started thinking about the business in two ways. We need to be leaders in technology. We need to build a business focused on using technology to put automation in place,” he says.
“Partnering with SimCorp gave us that – they are leading world class providers of administration services.“
“The second part was making sure we had great people to operate the platform. Through our heritage at Challenger we had built a really strong team and we knew we could leverage that into the future,” he says.
“We have the ingredients to do something really different to anyone else in the market. It’s a real differentiator for Artega and there’s an opportunity to come in and be a disruptor in the market. And that’s exactly what we want to be. “I’m really excited to have the opportunity to work with a great team to achieve better outcomes for our clients.”