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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Leaders Scrutinise a Changing Industry at A-Team Group’s Annual Data Management Summit New York City

Experts and executives from across the financial data ecosystem gathered at A-Team Group’s Data Management Summit New York 2025 last week to discuss and probe the latest innovations, trends and strategies in our fast-moving industry. From data quality and artificial intelligence agents to modern data architectures and data products, a multitude of current topics were...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...