Philippe Seyll, CEO of Clearstream Fund Services, has joined the board of directors of Next Gate Tech, the fintech announced in a issued on 1 July 2024. With his expertise in fund services and “forward-thinking approach to technology,” Seyll’s appointment is expected to enhance the fintech’s “strategic initiatives.”

“I am delighted to be appointed to the board of Next Gate Tech,” commented Seyll in the press release. “The data management technologies harnessed by Next Gate Tech will help further reshape the fund distribution chain.”

Seyll is also a member of the board of directors at the Luxembourg Bankers’ Association (ABBL), representing the digital banking and fintech innovations cluster, as well as chairman of the board of directors of Kneip Communication. He is also vice-chairman of the Luxembourg House of Financial Technology (Lhoft).

“Philippe’s profound knowledge and experience in the fund industry will be a tremendous asset to our board,” said , CEO and co-founder of Next Gate Tech. “We are confident that his leadership will greatly contribute to our mission of providing cutting-edge technology to the investment fund industry.”

Based in Luxembourg, Next Gate Tech is a software-as-a-service platform that provides data management and analytics to the fund industry. In April 2023, it announced an led by DB1 Ventures, the corporate venture capital unit of Deutsche Börse Group,