IEX Appoints Steven Bonanno as CIO to Lead Tech Strategy and Market Expansion

IEX Group, Inc., the exchange operator and capital markets technology company, has named Steven Bonanno as Chief Information Officer to support the company’s continued growth and innovation in exchange technology. As part of the leadership team, Bonanno will oversee the execution of IEX’s technology strategy, with a focus on platform resilience and scalability, as the firm looks to expand into new markets.

Bonanno brings significant experience in multi-asset class exchange technology, having previously served as CEO of BXS and CIO at DASH. His career also includes leadership roles at Direct Edge, Bloomberg, Nasdaq, BRUT ECN, and Instinet. His appointment aligns with IEX’s strategic initiatives, which have recently led to a threefold increase in displayed market share since June 2024. IEX is also preparing to enter the U.S. options market, pending regulatory approval.

Duco Appoints Margaret Franco as Chief Marketing Officer

Duco, the data automation company, has named Margaret Franco as its first Chief Marketing Officer (CMO). Franco brings over two decades of experience leading global marketing teams across the US, EMEA, and APAC. She has held senior roles at technology firms including Dell and HP, spending 13 years at Dell and rising to Senior Vice President for Europe, the Middle East, and Africa before her departure in 2020.

She has also served as CMO at Finastra and Kinasis, leading global marketing and business development functions. Most recently, she provided strategic marketing and growth advisory services through her firm, Growth Marketing Solutions. In 2022, Franco was recognised as one of the Top 25 Women Leaders in Financial Technology by The Financial Technology Report.

Rimes Appoints New Chief People Officer

Rimes has appointed Kelly Samrai as Chief People Officer, bringing her extensive experience in scaling teams and driving organizational culture in high-growth environments. Her role will focus on aligning talent strategy with business objectives, leadership development, and fostering an inclusive, high-performing workplace.

Samrai previously served as Chief People Officer at Luno, where she played a key role in global team expansion and improving employee engagement. Her leadership experience also includes roles at WorldFirst and Stemcor, where she contributed to major organizational transformations.

Brad Hunt, CEO at Rimes, highlighted the significance of her appointment: “I am thrilled to welcome Kelly to Rimes. Kelly brings a unique approach that blends a human-centric mindset with commercial outcomes, which will be invaluable to us as we continue to grow around the world.”

Reflecting on her new role, Kelly stated: “I’ve heard incredible things about Rimes, and I am hugely excited to join as they embark on their next stage of growth. I am a big believer in aligning people strategies with business goals through teams that are engaged, motivated and set up for success – I see this in action at Rimes and look forward to helping to drive our performance and expansion globally.”

This appointment underscores Rimes’ commitment to building a strong people-focused culture as the company continues its global expansion.

Trading Technologies Appoints Justin Llewellyn-Jones as CEO, Keith Todd Becomes Deputy Chairman

Trading Technologies International, Inc. (TT), the global capital markets platform services provider, has announced the promotion of Justin Llewellyn-Jones to Chief Executive Officer, effective 31 March. He succeeds Keith Todd, who will remain on the Board of Directors as Deputy Chairman.

Llewellyn-Jones joined TT as Chief Operating Officer in January 2024, bringing three decades of experience in fintech and financial services. Before TT, he was Chief Product Officer at Broadridge and previously led North American Capital Markets operations in Equities, FX, and Derivatives. His career includes leadership roles at ION and Fidessa, where he served as Global Head of Derivatives and COO Americas. He also held positions at NatWest and ADP-Wilco earlier in his career. His extensive industry experience positions him to lead TT in its next phase of growth.

Clearwater Expands Private, Alternative Markets Coverage With New Appointment

Clearwater Analytics has named Yuriy Shterk as its global head of alternatives as the provider of software-as-a-service (SaaS)-based investment management, accounting, reporting, and analytics solutions responds to growing institutional demand for private and alternative markets data.

Shterk has spent 25 years in financial services and joined Clearwater from Allvue Systems, where he was chief product officer.

Rimes Appoints Former SimCorp Leader Greg Nuckowski

Rimes has appointed Greg Nuckowski as the data-as-a-service provider’s global head of professional services, hiring him from SimCorp.

Nuckowski brings “deep expertise in scaling professional services organisations”, said Rimes chief operating office Gus Macfarlane. The new executive spent 20 years at SimCorp, leading its Professional Services business in North America.

LMAX Exchange Appoints Daniel Lavigne as Head of Buy-Side Sales, Canada

LMAX Exchange, the global institutional FX exchange operator and part of LMAX Group, has appointed Daniel Lavigne as Head of Buy-Side Sales, Canada. His addition strengthens the company’s global sales and product coverage as it expands its FX trading and liquidity solutions.

Lavigne brings over 25 years of buy-side experience and extensive industry relationships. He previously served as Director of Trading at OMERS (Ontario Municipal Employees Retirement System), overseeing FX trading and products. Reporting to Franz Schmidpeter, Global Head of Buy-Side Sales, Lavigne will play a key role in enhancing LMAX Exchange’s market presence in Canada.

Taskize Appoints Glen Sinclair as Head of Client Management

Taskize, the Euroclear-owned investment operations collaboration platform, has strengthened its leadership team with the appointment of Glen Sinclair as Head of Client Management. Based in London, Sinclair will oversee client account operations, support existing clients, and manage new client onboarding. His appointment follows a period of growth for Taskize, which now serves over 600 financial institutions across 88 countries.

Bringing more than 20 years of experience in financial services, Sinclair has expertise in OTC operations, regulation, and technology-driven transformation. He joins from FINBOURNE Technology, where he specialised in data management solutions. His career also includes leading middle office teams at First Chicago and NatWest Markets, as well as consulting on infrastructure transformation in interest rate swaps and credit default swaps.

Tradu Appoints Philip Manning as New Chairman

Tradu, the multi-asset trading platform, has announced the appointment of Philip Manning as its new Chairman. With over 45 years of experience in consumer banking and financial services, Manning has held key leadership roles, including Chairman of the Audit & Risk Committee at Stratos Markets Limited, which operates under the FXCM and Tradu brands.

Manning also serves as a Non-Executive Director at The Valesco Group and has previously held senior positions at ADIB (UK) Limited and Citigroup, where he managed business development across 42 countries. He played a significant role in the establishment of MBNA Europe. A Fellow of several professional institutes, his expertise is widely recognised. Beyond finance, Manning has mentored entrepreneurs through The Princes Trust and continues to support business development initiatives.

Tradu Appoints Philip Manning as Chairman

Tradu, the multi-asset trading platform, has appointed Philip Manning as its new Chairman. With over 45 years of experience in consumer banking and financial services, Manning has held key leadership roles, including Chairman of the Audit & Risk Committee at Stratos Markets Limited, which operates under the FXCM and Tradu brands.

Manning also serves as a Non-Executive Director at The Valesco Group and has an extensive career spanning Citigroup, where he managed strategy across 42 countries, and ADIB (UK) Limited, which he founded. He played a crucial role in establishing MBNA Europe. A Fellow of multiple prestigious industry institutes, Manning’s expertise is widely recognised.

Beyond finance, he has actively mentored entrepreneurs through The Prince’s Trust and continues to support emerging businesses.