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Mark Collier
From Wikipedia, the free encyclopedia
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Mark Collier is a former British business executive and fintech entrepreneur, best known for his leadership at Charles Schwab Europe and for co-founding Investia Ltd., a financial technology company that played a formative role in the early development of online investment platforms in Europe. He later served as chairman and chief executive officer of FundsHub, a fund supermarket jointly launched by Investia and Chase Manhattan Bank.
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Career
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Following a number of international executive positions, Collier joined Fidelity Investments in 1987 as managing director, before eventually becoming President of the Fidelity Investor Advisor Group in 1993.
In 1996, Collier resigned from his position at Fidelity to become CEO of Charles Schwab International. According to The Wall Street Journal, he was appointed to lead Schwab's European operations as part of a broader expansion strategy.[1]
By the late 1990s, he was serving as President of Charles Schwab Europe, where he helped expand the firm's brokerage operations into the UK market. In 1998, he oversaw the launch of a touchtone trading platform designed to give UK retail investors access to automated share trading by phone - a first in the region at the time. Collier described the innovation as part of Schwab's aim to replicate its U.S. model in Europe.[2]
In 1998, Collier left Schwab to co-found Investia Ltd, a UK-based financial technology company focused on mutual fund distribution.[3] With a team of engineers from firms such as Sun Microsystems and Fidelity, Investia developed Javelin, a web-enabled platform designed to connect fund managers with banks and financial advisors. The system used a modular architecture with APIs and FIX-based messaging, enabling cross-border fund transactions for both retail and institutional markets.[4][5]
In 2000, Investia partnered with Chase Manhattan Bank to create FundsHub, an outsourced investment platform for banks and insurers. Collier became chairman and CEO of the joint venture. The platform was described at the time as a strategic attempt to transform fund distribution in Europe by enabling financial institutions to offer online investment services under their own brands.[6][7]
FundsHub was eventually acquired by JPMorgan Chase in 2002, which bought out Investia's stake in the platform. The transaction marked a successful exit for Investia and was reported in industry publications including Global Custodian.[8]
In subsequent years, Investia continued developing technology products for investment processing. In 2003, the company launched a platform implementing the new SWIFT XML message standards, automating the entire fund trade lifecycle - from order entry to settlement and custody - and connecting with infrastructure providers such as Clearstream and Euroclear. Investia also joined the SWIFT Partners Investment Funds Automation Working Group (SPIFA).[9]
Collier was frequently referenced in financial publications during the late 1990s and early 2000s in connection with his work at Investia and FundsHub. In 1999, he was quoted in The Independent discussing the potential of online fund platforms in Europe.[10] His work was also covered by Euromoney, Financial News, Finextra, and Investment Week.[11]
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Later career
In later years, Collier held advisory and non-executive positions at several companies in the financial services and private equity sectors, including roles at Alexander Forbes, Assupol, Sigma Pensions, Bajaj Capital, XP Investimentos, and Duddell Street Acquisition Corp.[12]
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