Finbourne Appoints New Sales Head to Lead Asia Expansion

Investment data and technology provider Finbourne Technology said it has bolstered its presence in Asia with the appointment of Peter Edwards as head of sales for the region.

A former BNY Mellon Eagle sales specialist in Asia, Edwards has been tasked with leading the company’s expansion in the region from Singapore. He’ll be responsible for the acquisition of clients “across the entire product spectrum and segments”.

Finbourne, which also has offices in London, Australia and Ireland, has raised £100 million in funding and is committing that new capital to its expansion plans.

“Peter’s experience makes him a perfect fit for our company at this pivotal juncture,” said chief executive Thomas McHugh. “His role will be integral in reinforcing Finbourne’s position in this dynamic region.”

SIX Names Sibbern as New CEO

SIX’s head of exchanges Bjørn Sibbern has been named the successor to chief executive Jos Dijsselhof.

Danish national Sibbern will take the reins of the Swiss data and trading venue operator on January 1. He joined the company a year ago and has more than two decades experience in capital markets, including roles at Nasdaq and OMX Exchanges. Dijsselhof, who will round off seven years in the top post, will remain at SIX until the end of February.

SIX chair Thomas Wellauer paid tribute to the outgoing chief executive, saying he had presided over the company at a time of growth.

“Over the past seven years, he has strengthened the international footprint of SIX, championed innovation such as SDX and has been instrumental in transforming and modernising the corporate culture of SIX, thus positioning the company for further success,” Wellauer said.

Rimes Hires Banking Data Expert Naidoo to Manage Matrix Platform

Rimes has appointed Neal Naidoo as head of investment platform solutions and will lead development of the data management and investment services firm’s Matrix Investment Management Platform.

Naidoo, has more than two decades of experience in financial engineering, quantitative analytics and data science at banks including Barclays and Deutsche Bank. He said he aims to help Rimes’ clients “meet the demands of a rapidly changing market environment with tools that streamline data-driven decision-making, enhance operational efficiency, and support long-term asset performance”.

The Matrix Platform is the core investment management product of the enterprise data management-as-a-service (EDMaaS) provider, whose clients manage more than US$75 trillion in assets.

Broadridge Appoints New AI Leader for Internal Operations

Artificial intelligence (AI) specialist Alix Jules has been appointed to lead Broadridge Financial Solutions’ AI business transformation unit at its New York headquarters.

Jules will be responsible for improving efficiency and productivity at the FinTech provider. With a track record in leading AI-linked initiatives at Google, IBM and Verizon Business, Jules’ experience makes him a good fit for Broardridge’s internal operations, said head of AI Roger Burkhardt.

“Alix’s background in digital- and AI-driven transformations brings invaluable ‘hands on’ expertise to our business and operations teams as they transform the ways in which we service our clients and meet the needs of the financial services industry,” Burkhardt said in a statement. “He brings deep and practical understanding of both the human and technical elements of business transformations.”

Broadridge has launched several generative AI-focussed products, including BondGPT, OpsGPT and Tradeverse.

Finbourne Appoints New Chief Operating Officer

Investment data management technology provider Finbourne Technology has appointed FinTech specialist Francesca Lubbock as its new chief operating officer, based in London.

Formerly holder of the same role at ZoomInfo, Lubbock will focus on scaling Finbourne’s business processes and optimising performance, the company said. She also joins the company’s Senior Leadership Team, which oversees implementation of its long-term vision.

“Francesca’s proven track record in operational leadership and transformative growth makes her a perfect fit for our company at this pivotal juncture,” said Finbourne chief executive Thomas McHugh. “We are confident that Francesca will help guide us through the next stage of our growth, enhancing both operational efficiency and innovation.”

The company, which offers a range of data management services, including through its SaaS-based LUSID platform, recently received a US$55 million capital injection in a Series B round, almost doubling the total amount of funding raised.

Finbourne’s products and services ate being utilised by clients including Northern Trust and the Pension Insurance Corporation. It is committed to growth in the UK, the US, Ireland, Singapore and Ireland.

Syniti Appoints New EMEA Vice President

Syniti has promoted Alyssa Sliney to senior vice president of the Europe, Middle East and Africa region at the enterprise data management company.

Sliney joined the US-based company two decades ago and most recently held the position of senior delivery partner, where she oversaw the quality and governance of Syniti’s Knowledge Platform and its master data management business. She will relocate from the US to take up her new job and replaces Linda Hipol.

ESG Book Names RegTech Veteran Fitzpatrick as New Chief Executive

ESG Book has named Justin Fitzpatrick, the founder and executive of several UK-based RegTech companies, as its new chief executive replacing global sustainability leader Daniel Klier.

The Germany-based data and tech company, which made headlines in 2021 when it put a large part of its ESG database on a free-to-use platform, said Fitzpatrick has “deep expertise in scaling and accelerating growth in investor-backed software companies”.

This will benefit ESG Book’s “global expansion and deliver its future success as a leader in sustainability data and technology”, said Nazo Moosa, an advisory board member at the company.

ESG Book, which was founded in 2018, operates a SaaS-based platform that delivers data on more than 200,000 corporate disclosures worldwide. It is part of the Arabesque Group, which also operates an asset management business. Its free database was launched in December 2021 backed by an alliance of institutions, including HSBC and Deutsche Bank, to help corporates, investors and standard setters with their sustainability operations.

Partnerships

Fitzpatrick joins ESG Book from FullCircl, a RegTech software provider that he co-founded and where he was chief operating officer. Before that, he co-founded and headed RegTech research firm DueDil. He is also a founder and non-executive director of UK FinTech industry group Innovate Finance.

“This is a business extremely well positioned to meet the fast-growing need for sustainability solutions across capital markets,” Fitzpatrick said, adding that he would continue to expand ESG Book’s “partnerships with financial institutions, reduce the friction for corporates in meeting ESG disclosure requirements, and deliver market-leading analytics and tools to help our clients achieve their sustainability goals.”

He replaces Klier, who has become an ESG leader following high-profile appointments as global head of sustainable finance at HSBC, where he devised the bank’s net-zero target, and as chair of the Bank of England’s Climate Working Group. He sits on the boards of the global sustainability reporting standard GRI and the international organisation Sustainable Energy for All and recently took the chief executive role at climate consultancy South Pole.

AccessFintech Appoints Ex-JPM Data Leader Naveen as Product Chief

Financial markets data company AccessFintech has appointed Naveen TV as head of product to lead development of the UK-based company’s services on its Synergy data infrastructure.

Naveen joined the real-time data feed provider from JP Morgan, where he was global head of data strategy and AI. In a 12-year career at the global bank he collaborated with AccessFintech to build data networks with its brokers, agent banks and buy-side firms. Before that, he was a vice president at Goldman Sachs overseeing client onboarding, client relationship management and middle office operations.

AccessFintech’s Synergy platform uses real-time data and AI root-cause analysis to surface insights on derivatives, cash and loans markets. Its offerings include Synergy DataLake, which enables the industry to share data and optimise operations through collaboration. Synergy Network enhances data and workflows and underpins the transformation of operations using transaction lifecycle management and benchmarking insights from across the financial ecosystem.

Fenergo Strengthens EMEA Presence with Appointment of Ruth Ormsby as MD in the Region

Fenergo, a provider of know your customer (KYC), transaction monitoring and client lifecycle management (CLM) solutions, has bolstered its presence in EMEA with the appointment of Ruth Ormsby as managing director in the region. Based in London, Ormsby is tasked with strengthening Fenergo’s presence in the corporate and institutional banking sector as it seeks to adopt more robust controls for AML and KYC compliance, while driving operational efficiency gains.

Ormsby brings over 24 years of experience in building high-performance teams and working with large enterprise customers at board level to Fenergo. She joins from Salesforce, where she served as senior vice president of all industries in the UK and Ireland. Prior to that, Ormsby was managing director, head of strategy and growth for technology for UK and Ireland at Accenture. She previously held roles at Capgemini and Ernst & Young.

Rimes Relocates Global Head of Data Management Office to Manila

Rimes, a provider of enterprise data management and investment management solutions, has announced the relocation of Mark Sedgwick, global head of the firm’s data management office, to Manila in the Philippines. In addition to his existing position, Sedgwick will head up the growing Manila office. Rimes employs about 150 people in Manila and is looking to expand this number in line with increased business demand across its product range. The region is strategically important as it provides access to a pool of highly skilled talent in a time zone well positioned to support the company’s global operational support model.