Halyard Commercial Systems
Halyard builds operating systems for private markets and fund services. Our work connects existing platforms with the information, tools and operating history that AI needs to perform substantial work within the firm's authority and service requirements.
Our position
The opportunity is to reduce the human effort required for an additional unit of service.
A collection of useful assistants can improve individual productivity while leaving the firm dependent on employees to interpret every incoming matter and coordinate every handoff. We design the operating process to take on more of that work. Results are measured through to completion, including investigation, verification and exceptions.
Human involvement follows the responsibility it carries and the contribution it makes to the service. The architecture has to accommodate improving models. Records, permissions and connections should endure while the system's execution methods change. An implementation should not leave the firm's operating capability dependent on assumptions made at the start.
The team
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Max Bates
Co-founder & Managing Director
Max leads the firm and its commercial relationships. Halyard grew out of MJB Growth, through which he and his team built connected commercial operating systems for more than 100 businesses.
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Lukas Zarkadas
Co-founder & Managing Director, Business Process & Implementation
Lukas leads business-process design and implementation. He previously worked at KPMG on the implementation of generative AI in healthcare.
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Simon Henderson
Co-founder & Managing Director, Engineering & Technology
Simon leads engineering and technology. His recent work has been in private credit, building the systems that connect fund records, calculations and reporting.
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Callum Frodsham
Lead Engineer, AI & Data Systems
Callum is Halyard’s lead engineer for AI and data systems. He previously led machine-learning operations for the AI Centre at Canada’s Department of National Defence.
Senior advisors
Our senior advisors contribute financial-services perspective. Their advisory role is separate from the team’s delivery responsibilities.
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Ludovic Chechin-Laurans
Senior advisor
Co-founder and director of Capital Union Bank. Previously its CEO and managing director in Nassau from 2013 to 2021.
Before Capital Union Bank, Ludovic was Deputy CEO of EFG Bank AG and a member of the Executive Committee of EFG International. He has established and led banks across jurisdictions.
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Andrew Raenden
Senior advisor
Fund-management and banking experience, including previous leadership roles at EFG Bank & Trust Bahamas and RBC.
Andrew is the founder and fund manager of Avant-Garde Capital. He was previously managing director of RBC Bahamas and general manager of EFG Bank in Lyford Cay.
Locations
Halyard’s team is based across Nassau, New York and Toronto.
Nassau
The Bahamas
The firm's home, and clients across fund services.
New York
United States
Programme direction and many of our clients.
Toronto
Canada
Where the bulk of the engineering work is done.
Contact
Every programme begins by modelling how your operation runs today.
We scope each programme around the services your firm delivers. It begins with a first phase that establishes the baseline, the operating model and the first services in live use.