Abacus appoints chief revenue officer

Abacus Group, a managed security services provider for hedge funds and other alternative investment firms, has appointed Jonathan Shapiro as the firm’s first chief revenue officer.  

Abacus Group, a managed security services provider (MSSP) for hedge funds and other alternative investment firms, has appointed Jonathan Shapiro as the firm’s first chief revenue officer (CRO).  

As CRO, Shapiro will be responsible for institutionalising the sales strategy and processes required to expand Abacus Group’s technology platform and white glove services into new financial verticals, focusing on driving new client revenue growth and reaching global clients across emerging and pertinent markets. Shapiro will also be expanding the company’s sales team headcount to cover all geographies.    

Shapiro has over 20 years of experience in strategic leadership roles across the asset management, mutual funds, banking and software sectors. A former head of sales at Broadridge and SS&C, he has experience in growing new revenues from both buy-side and sell-side clients. 

Shapiro is Abacus Group’s third senior appointment in under 12 months, following MD of client success, Mike Herman, and MD of global service delivery, Nileesh Gopu.