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Bruce Boytim Joins Broadway Technology as COO

Following its recent appointment of Michael Chin as CEO, front-office solutions vendor Broadway Technology has named industry veteran Bruce Boytim as Chief Operating Officer, to drive global strategy, go-to-market activities and client success as Broadway continues to evolve its offerings and expand its global footprint.

Boytim’s experience in the financial technology space includes roles as COO and CSO at Pico, where he was instrumental in growing the company, and vice president at the New York Stock Exchange, where he oversaw NYSE Technologies’ Risk Management and Managed Connectivity business and was involved in the launch of the Mahwah, NJ, data centre. Earlier in his career he served at Merrill Lynch, Wave Securities LLC, Northern Trust and TD Waterhouse.

GoldenSource Hires ex-ION Director to Lead OnDemand Managed Service Solution

GoldenSource has appointed Xavier Gerardin, formerly lead of hosted services at ION, as global head of its OnDemand solution, a cloud-based managed service that provides hosting, technical and business assistance services for the company’s EDM clients. With 20 years’ experience in capital markets, including managing over 100 financial software programmes, Gerardin’s responsibility at GoldenSource is to bring new levels of efficiency to clients data management lifecycle. He comments: “In this complex environment, our OnDemand offering enables clients to reduce fixed costs and complexity, while increasing the scope and quality of the services they receive.”

NeoXam Names Mark Hembury as Head Of Sales for DACH and CEE Regions

NeoXam has named former SIX Financial Information managing director, Mark Hembury, as head of sales for the DACH – Germany, Austria, Switzerland, and Liechtenstein, and CEE Central and Eastern Europe regions. Hembury held several senior roles across a six-year period at SIX and previously worked at Thomson Reuters, Moody’s Investor Services, and Reuters. At NeoXam, he is responsible for accelerating new business growth across NeoXam’s product suite, as well as helping develop existing client relationships.

Broadridge Hires Ian Strudwick to Lead Expansion Strategy in APAC

Broadridge has appointed Ian Strudwick as general manager and head of APAC as part of its strategy to capitalise on opportunities for business growth in the post-pandemic recovery and demonstrate commitment to the region. Strudwick brings 23 years of experience in the financial services and technology sector to Broadridge and joins from TD Securities, where he was most recently managing director and head of global operations and business services for APAC. 

Strudwick is based in Singapore and will report to Samir Pandiri, president of Broadridge International. He will lead Broadridge’s expansion strategies in Asia, and will be responsible for driving growth in the company’s key APAC markets of Singapore, Hong Kong, Australia and Japan.

“Financial businesses in Asia are grappling with trends around digitisation, mutualisation, and data and analytics while operating in times of increasing complexity,” says Pandiri. “Capital markets present plenty of growth opportunities, but firms must also navigate increasing challenges from new regulations and market changes. Ian joins at a transformational time for our clients in the region. They will benefit from his deep cross-market industry expertise as Broadridge supports them in the adoption and application of next-generation technologies.”

Strudwick’s appointment builds on the recent hire of David Ingleson as chief operating officer for APAC and strengthens the company’s regional leadership team. Broadridge has operated in Asia for over two decades, supporting financial services clients with business transformation, revenue scaling, and reducing costs and operations complexity through the implementation of technologies including AI, blockchain and cloud, and techniques for digitalisation. 

LSEG Names David Harris to Lead Sustainable Finance Product Team

London Stock Exchange Group (LSEG) has named David Harris to lead its sustainable finance product team, part of the data and analytics division. Harris will report to Stuart Brown, group head of enterprise data solutions, and will build on ongoing investment in ESG and sustainable investment indexes, data and analytics products.

Harris will also drive an integrated approach to sustainable finance in the data and analytics division, and chair an internal cross-organisation working group that will work in partnership with the FTSE Russell sustainable investment team and other businesses as they invest in sustainable finance to meet customer demand.

David Craig, group head of data and analytics and CEO at Refinitiv, says: “As our customers across financial markets respond to the global challenge of allocating capital sustainably, this critical role is designed to ensure a focused sustainable finance strategy across LSEG.”

Harris joined FTSE in 2002 and has played a leading role in building FTSE Russell’s sustainable finance index and data. He started with the FTSE4Good Index Series, before supporting the development of a wide variety of products including FTSE Russell’s smart sustainability, green revenues, climate indexes and associated data analytics. He has also been involved in group-wide initiatives such as the development of ESG disclosure and reporting guidance for London Stock Exchange listed companies, and the Green Economy Mark for London listed companies.

Exberry Appoints Guy Melamed as CEO

Exchange infrastructure and matching engine provider Exberry has appointed Guy Melamed as CEO, as it looks to accelerate its growth and enter new marketplaces with its cloud-native technology, designed as a ‘Marketplace-as-a-Service’ solution. Exberry signed up its first customer, the London Derivatives Exchange, following its launch last year. Melamed previously held leadership roles at Finova Capital, a hedge fund for blockchain technology and digital assets, GreenRoad, specialists in in driver behaviour technology, and Ginger Software, a natural language processing and AI startup partially acquired by Intel in 2014.

Kay Swinburne Named as Chair of the International Regulatory Strategy Group

Dr Kay Swinburne, vice chair of financial services at KPMG UK and former vice chair of the European Parliament’s Economics and Monetary Affairs Committee, has been named chair of the International Regulatory Strategy Group (IRSG). The role was previously held by former city minister Mark Hoban.

The IRSG is focused on promoting regulation that encourages open and competitive global markets. Recent priorities have included the UK’s regulatory framework post-Brexit, ESG and a green finance taxonomy, and priorities for the G7 to be held in the UK this summer. The group is co-sponsored by TheCityUK and the City of London Corporation, and comprises senior practitioners from across the financial and related professional services industry.

Swinburne says: “I am very pleased to be taking up this role at such a crucial time for the UK as an international financial centre. With the global challenge to recover from the economic impact of the pandemic, the UK setting out its post-Brexit regulatory framework, and regulators seeking to get to grips with climate change and technological transformation, there is a plenty for us to do. Working with members of the IRSG, I am keen to set a policy agenda that enables the financial and related professional services industry to flourish while serving and supporting the wider economy.”

Both the City of London Corporation and TheCityUK welcomed Swinburne’s appointment, noting her extensive knowledge of the financial services industry and international regulation, as well as her proven track record in regulatory change. Swinburne played a pivotal role in shaping EU and global financial services legislation in her role as an MEP, including setting up EU supervisory bodies and the Capital Markets Union.

Gresham Hires Marc Cavell to Lead North America Business Development

Gresham Technologies has appointed Marc Cavell to spearhead business development across North America. Cavell brings over 10 years of fintech experience spanning corporate banking, financial messaging, payments, and cash management to Gresham, previously holding sales roles at Fundtech and Finastra, where he managed key accounts in the US market. He joins an existing group of data, technology, and regulatory experts at the firm, supporting Gresham in its mission to bring digital integrity, agility, and confidence to financial markets.

KX Bolsters FX Sales Team with Four New Hires

KX has strengthened its global sales team with four new hires for its FX solutions business. The move – part of a broader expansion of its sales force under the leadership of new chief revenue officer Alan Coad – comes in response to heightened demand for FX technology and data solutions from both buy and sell side firms as liquidity becomes increasingly fragmented and data volumes continue to grow.

The new additions include Sharon Yuen and CJ Mhatre in Singapore, who will focus on extending the KX Financial Services business in the APAC region covering KX Platform Sales, including multi-asset surveillance and algo trading solutions. Karl Dunton joins the FX Sales team in New York, and Finn Jakobsen, based in Copenhagen, will lead FX Sales in the EMEA region.

Archax Taps Ford to Lead Institutional Sales

Archax, the FCA regulated digital securities exchange, brokerage and custodian based in London, has appointed Malcolm Ford to lead its institutional sales activities in the run up to launch. Ford has over 20 years of experience in the institutional capital markets space, having worked for CMC Markets, Instinet, KCG, Morgan Stanley and Credit Agricole Cheuvreux. He has also worked for leading boutique firms including Assure Hedge, Linear Investments and Monsas.