USB Fund Services (Luxembourg) S.A.
Chief Executive Officer
The king of re-use
CEO of UBS Fund Services (Luxembourg) SA and Head of UBS in Luxembourg Asset Servicing Institutional Desks, Pierre-Antoine Boulat came to the Grand Duchy in September 2011. His main objective is to continue building on a quality and controlled central administrator production environment, within the integrated bank offering, moving it decisively towards a service organization for distinctive and sophisticated clients.
French-born Pierre-Antoine Boulat has had a long and diverse career in sell – and buy – side capital markets, working for banks (CCF in Paris), brokers (Salomon Brothers in Paris and London), institutional asset managers (JP Morgan in London and New York, Citigroup in Stamford, Connecticut and UBS in Chicago and Zürich) and even a FinTech house (TradingScreen). Boulat studied Business Law and Political Sciences in Paris – and would likely be teaching law in an alternate career –, yet has mostly held risk/project/program management, internal consulting and business management functions.
Alternative Vs Traditional
In Luxembourg, UBS’s integrated bank and asset servicing concepts are very concrete and continue to yield strong value for clients and shareholders eager to adopt and leverage fund structures. Part of Boulat’s remit is to motivate employees and develop their performance and career, to run and improve processes as well as ensuring clients’ total satisfaction with the UBS one-stop-shop experience. Boulat concedes that he has sometimes felt Luxembourg a location wary of change. His calling has been in gaining and maintaining external trust and momentum so as to facilitate new ways of working and best-of-breed market practices in tune with our fast changing environment. As the future will demonstrate, this approach yields broad-based benefits for the marketplace and its stakeholders.
In terms of rapid success, Boulat is of the opinion that he integrated easily into the varying environments of US and European based business models. As well as being a dynamic leader in a frequently uncertain market, Boulat co-authored the first French legal tome on the subject of fund swaps back in 1991. Recognising that he is not “paid to wait” Boulat rolls his sleeves up and gets things moving. Reconciling libertarian personal beliefs with the heavily regulated world of finance can be a challenge at times, but it can be done. A father of three sons and one daughter, and thus well versed in life’s surprises and rewards, Boulat is primed for streamlining and expanding the platform and operating model, with competitiveness, cost efficiency and client satisfaction in mind.
Facts & Figures
Place of birth: Paris
Children: 3 boys, 1 girl
Languages: French, English, German
Cities: Chicago, London
Books: Alexandre Soljenitsyne - Jonathan Franzen
Artist: Francis Bacon