About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Another Staff Member Exits Xtrakter in Ongoing Post-Euroclear Acquisition Reshuffle

Subscribe to our newsletter

Following the acquisition of Trax platform operator Xtrakter by Euroclear in April last year and the ensuing management shake up, a number of the vendor’s key staff have left the firm for pastures new, including ex-Trax product manager Chad Giussani last month and, most recently, marketing and communications manager Conor Coughlan, who is leaving next month. As with any changeover in management, there was bound to be some degree of staff turnover – just look at the people moves going on at EDM and outsourcing vendor Netik for another prime example – but the falling headcount at Xtrakter is also likely to be part of the rationalisation process, as functions are brought under the remit of the centralised Euroclear team.

Giussani, who is currently head of the marketing business unit at industry association ISITC Europe, was responsible for the Xtrakter product suite including Trax for just under two years. Prior to this, he was product manager for Omgeo’s MarketMatch and MiFID compliant Transaction Report products for a period of two and a half years.

Coughlan is departing for a similar role at another as yet unidentified capital markets player and it is likely his role at Xtrakter will be centralised into the overall Euroclear marketing and communications team, although this has not yet been confirmed. He was with Xtrakter and its previous incarnation, the International Capital Market Association (ICMA), for a total of four and a half years.

Earlier this year, director of product management for Xtrakter Graeme Austin also departed the vendor and is currently filling time as CEO of ISITC Europe, alongside former colleague Giussani.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

A-Team Group Data Management Awards USA Winners Announced at DMS NYC 2025

A-Team Group has announced the winners of its 4th annual Data Management Insight Awards USA 2025, and we extend our congratulations to the individuals and companies recognised with awards this year. The event shines a light on the top providers of data management solutions, services, and consultancy for the capital markets across the United States....

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.