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TS Imagine Appoints Simarjit Johal as Head of Asia Pacific
TS Imagine, the global cross-asset class provider of trading, portfolio, and risk management solutions, has announced the promotion of Simarjit (Sim) Johal to Head of Asia Pacific (APAC). Currently serving as Co-Head of Professional Services & Account Management, Johal will assume the new role in September 2023, relocating to Hong Kong and joining TS Imagine’s Executive Leadership Committee.
Johal, who has been with TS Imagine for seven years and served in multiple roles, brings his cross-functional leadership skills to the APAC region, which is considered a key growth area for the company. Prior to his new role, Johal has held positions including Product Analyst in Client Support, EMEA Head, and Global Head of Professional Services & Account Management.
Julian Chesser Appointed as Delta Capita’s New Regional Head of APAC
Capital markets consulting, managed services and technology provider Delta Capita, the financial services division of Prytek, has appointed Julian Chesser as its new Regional Head of APAC, based in Singapore. Chesser will oversee all aspects of the business across the region, contributing to regional strategy development and future business expansion. His addition to the global executive team is expected to utilise his extensive experience in banking, asset management, and service provision to support Delta Capita’s growth.
Chesser brings with him over 25 years of experience in the financial markets, including regional and global roles. Before joining Delta Capita, Chesser was the APAC Regional Head and Exco member at OSTTRA, a joint venture between S&P and the CME Group, where he established their post-trade business. Earlier, he held a position as Managing Director at IHS Markit in Singapore, where he led their post-trade business.
Avelacom Appoints Lorenz Voss as US Managing Director, Opens Chicago Office
Ultra-low latency network provider Avelacom is broadening its US operations and has appointed Lorenz Voss as the new Managing Director for the US market. Voss, who brings over 15 years of experience in the telecom and capital markets industries, joins Avelacom from Tower Research Capital.
Voss will be responsible for expanding Avelacom’s market share in North America, bolstering existing client relationships, driving sales, hiring new team members, and supervising network deployments from the company’s newly established office in Chicago. The move follows Avelacom’s recent network expansions in the APAC, Middle East and Latin America regions.
American Financial Exchange Names John Shay as CEO Following 7RIDGE Acquisition
The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for US banks and financial institutions, has appointed veteran financial services executive John Shay as CEO. The announcement comes after the recent acquisition of AFX by 7RIDGE, a growth equity firm investing in transformative financial services technologies.
With decades of experience in leadership roles within the financial sector, Shay will lead AFX in accelerating its growth trajectory, expanding its network of members, and furthering the adoption of the AMERIBOR benchmark. Under 7RIDGE’s ownership and Shay’s leadership, the exchange aims to bring significant value to regional and local banks, helping them to source deposits, lend, borrow and manage risk effectively.
Adaptive Financial Consulting Bolsters Board with Two Non-Executive Directors
Adaptive Financial Consulting has announced the appointment of two Non-Executive Directors, Dr Stephen Norman and John O’Hara, to its Board. Dr Norman, who brings two decades of capital markets experience and has held senior roles at RBS Global Banking and Merrill Lynch, will succeed Janhavi Dadarkar as Chair of the Board.
John O’Hara, a co-founder and former CEO of Taskize, has extensive banking technology experience, having held senior roles at JPMorgan, Bank of America, RBS International Bank, and BP Energy Trading. The appointments follow a period of rapid expansion for Adaptive Financial Consulting, including key company hires and a significant increase in headcount.
NeoXam Announces New CEO and Growth Plans Following Eurazeo Investment
Financial software company NeoXam has promoted Florent Fabre to the position of CEO, following the recent investment by Eurazeo, the international private equity company. Fabre has over 20 years of experience in the financial software industry, having served as NeoXam’s Chief Operating Officer and Group Managing Director since 2015.
Fabre’s promotion, together with Eurazeo’s investment, will support NeoXam’s growth in Data Management and Reporting segments, as well as expanding its international presence in Asia, Northern Europe, and North America. The investment will also provide internal resources to help with the company’s buy-and-build strategy, accelerating product development and international expansion.
LSEG Bolsters Leadership with New Data & Analytics and Sales & Account Management Executives
LSEG (London Stock Exchange Group) has announced the appointment of Satvinder Singh as Group Head of Data & Analytics and member of the LSEG Executive Committee, effective from 3 July 2023. Reporting to CEO David Schwimmer, Singh will lead LSEG’s global data and analytics businesses, catering to over 40,000 customers across 190 countries, and will also spearhead the joint development of new products and services in collaboration with Microsoft.
Furthermore, LSEG has confirmed the appointment of Ron Lefferts as Group Head of Sales & Account Management to the LSEG Executive Committee, effective immediately. Based in New York, Lefferts joined LSEG in 2021 to lead the Data & Analytics Sales and LSEG key account teams.
TS Imagine Expands North American Team with Key Sales Hires
Trading, portfolio, and risk management solutions provider TS Imagine has appointed two key sales hires to support its rapid growth in North America. James Muench has joined as Sales Director, focusing on the development and growth of the firm’s Fixed Income business, bringing over a decade of Institutional Credit Sales experience from roles at Tradeweb and Barclays Capital. Jake Elkins also joined as Sales Director, tasked with contributing to TS Imagine’s growth across the region, bringing capital markets technology expertise from previous roles at IHS Markit and State Street.
The expansion of TS Imagine’s sales team follows the recent launch of RiskSmart X, a risk management solution for banks and prime brokers, as well as the company’s announcement of a 72% surge in global recurring bookings in 2022.
Opensee Names Emmanuel Richard as Chief Growth Officer and MD of North American Operations
Opensee, a provider of data access and real-time analytics to financial institutions, has appointed Emmanuel Richard as Chief Growth Officer and Managing Director of North American operations. Richard brings over 25 years of experience in the technology industry, having held roles at Rimini Street and MicroStrategy. He will work alongside Rodrigo Medgenberg, VP of Sales, to accelerate Opensee’s go-to-market strategy.
Opensee aims to help financial institutions unlock valuable business and risk intelligence from vast data sets. With Richard’s appointment, the firm is also confirming its strategy to invest in partnerships as a key growth driver, leveraging its open API architecture to enable integrators to deliver bespoke solutions across the financial industry.
Clearwater Analytics Appoints First Chief Revenue Officer and Bolsters European Leadership
Clearwater Analytics, the SaaS-based investment management, accounting, reporting, and analytics solutions provider, has announced the appointment of Scott Erickson as the company’s first Chief Revenue Officer. Erickson will oversee Clearwater’s sales efforts in Europe, Asia, and the Americas, and will work to continue expanding the company’s market share across all regions. With 18 years of experience driving growth at Clearwater, Erickson has held roles in services, product strategy, and sales.
To strengthen its European leadership team, the company has relocated Brian Slattery, who led Clearwater’s efforts in the North American insurance market, to London, where he will focus on the Northern European market. Josef Sommeregger, a former leader at SimCorp, has been appointed to lead the DACH region, joining Thomas van Cauwelaert, regional head for France, and Sai Perry, Head of Solutions across Europe. This team will report directly to Erickson.