Stephen Hixon

Stephen Hixon

Formal First Name

Stephen Hixon joined Smonik Systems as Co-owner and Principal in 2016. Smonik is a financial software and consulting firm specializing in solutions for financial service and investment management industries. Stephen brings over 35 years of investment operations and back-office expertise including significant experience in software design, program management, and implementation. Prior to joining Smonik, Stephen was a Senior Vice President leading the Product and Program Management efforts within the Alternative Investment Solutions group at State Street Bank. At State Street, his team of 20 managed numerous large scale, strategic efforts related to improving back-office efficiencies and client onboarding activities. In 1998, Stephen co-founded the US operations of Hemisphere Financial Services, LLC – an administrator to alternative investment funds. Hemisphere was subsequently sold to BISYS, then Citi, and is now the Alternative Investment Services division of SS&C.

Professional Experience

Academic History

  • At State Street, Stephen led in acquiring a managed account platform company and developed and implemented a regulatory reporting service solution which generates significant revenue.

  • He also spent two years at Highfields Capital Management, a $13 billion alternative asset firm managing a major system conversion.

  • He worked as a consultant managing a system implementation for a hedge fund in Boston and assisted a private equity manager launch its first hedge fund.

  • He was COO at Sowood Capital, an investment firm which managed hedge and private equity funds with assets over $5 billion.

  • During his tenure at BISYS Citi, he served as Managing Director with involvement in all strategic and operational decisions for the business.

  • From 1988 to 1998, Stephen was a Director at Investors Bank & Trust Company where he established and managed offshore operations in Toronto and Dublin.

  • His responsibilities have focused on all aspects of running large operations with specific emphasis on accounting, operations, and project management activities.