Quant Appoints Lenna Russ as Chief Commercial Officer to Drive Growth

Quant, specialists in digital finance, has announced the appointment of Lenna Russ as Chief Commercial Officer, a newly established role within the company. Russ joins from Tradeteq, where she served as Chief Revenue Officer for three years, overseeing significant achievements such as a $12.5 million Series A Plus funding round, the launch of a new office in Dubai, and securing membership with the FCI.

At Quant, Russ will leverage her over 20 years of experience in consulting, financial services, and SaaS to lead the company’s commercial operations, including marketing, sales, and product development, as it continues to grow. Prior to Tradeteq, she held senior roles at Polecat and NICE Satmetrix.

DTCC Welcomes Four New Directors to Board of Directors

The Depository Trust & Clearing Corporation (DTCC), has added four new members to its Board of Directors.

Brian Gallagher, Global Head of Markets Operations at JPMorgan Chase, brings over 23 years of experience in various leadership roles within the firm. Christopher Gelvin, Chief Operating Officer of Group Operations and Technology Office at UBS, has been with UBS for nearly 20 years, focusing on strategic planning and data governance. Jon Herrick, Chief Product Officer at the NYSE, oversees product development and competitive strategy for the exchange’s transactions and market data businesses. Igor Modlin, Global Head of Prime Services Product Development at Goldman Sachs, has held significant roles since joining the firm in 2005.

These appointments aim to strengthen DTCC’s strategic direction, risk management, regulatory compliance, and innovation in financial technology.

Delta Capita Appoints Bradley Szu-Tu as Head of Client Lifecycle Management in APAC

Delta Capita, the Capital Markets consulting, managed services, and technology provider, has appointed Bradley Szu-Tu as the Head of Client Lifecycle Management (CLM) in the APAC region. Based in Singapore, Szu-Tu will oversee the expansion and management of Delta Capita’s CLM business across consulting, services, and technology for financial services clients, which currently number over 20 in APAC.

With more than 15 years of experience in risk and compliance, Szu-Tu has previously held significant roles at Promontory, IBM Consulting, and Credit Suisse. This appointment follows Delta Capita’s recent acquisition of Client On-Boarding technology from the London Stock Exchange Group and the appointment of Liliana Girao-Tavares as Head of CLM in the US.

Szu-Tu aims to provide tailored CLM solutions to address the complex challenges faced by clients in the APAC region, enhancing value and efficiency while reducing Capex/Opex requirements. Julian Chesser, Head of APAC at Delta Capita, welcomed his addition to the team, emphasising the company’s commitment to a practitioner-led approach in the increasingly regulated capital markets sector.

London Stock Exchange Group Appoints Pascal Boillat as Chief Operating Officer

The London Stock Exchange Group plc (LSEG) has appointed Pascal Boillat as Chief Operating Officer, effective 1 July 2024. Reporting to CEO David Schwimmer, Boillat will be based in New York and will lead LSEG’s global operations division, supporting both internal and customer services. He will also join the Group’s Executive Committee.

Boillat brings over 35 years of experience in senior operational and technology roles within the financial services sector. His most recent position was Group Executive, Enterprise Services & Chief Information Officer at Commonwealth Bank of Australia. He has also served as Group Chief Information Officer at Deutsche Bank and Head of Operations and Technology at Fannie Mae.

CLS Appoints Five New Directors to Board at 2024 Annual General Meeting

CLS, the financial market infrastructure group, announced the appointment of five new directors to its Board of Directors at the CLS Annual General Meeting on 4 June 2024. The new board members are Teddy Cho (BNY Mellon), Scott Lucas (JP Morgan Chase), Akila Raman (Goldman Sachs), Peter Whitelaw (National Australia Bank), and Michael Lawrence (Independent).

Teddy Cho brings over 30 years of experience in technology roles at major financial institutions. Scott Lucas, Head of Markets DLT at J.P. Morgan, has a background in trading product development. Akila Raman, Chief Commercial and Strategy Officer of Transaction Banking at Goldman Sachs, has extensive strategic and operational experience. Peter Whitelaw, Executive General Manager at National Australia Bank, specialises in risk management. Michael Lawrence, a former Citigroup Managing Director, has a strong background in operational and compliance risk. The CLS Board now has 21 directors, including eight outside or independent directors.

IPC Announces Leadership Transition: Kurt Adams Named CEO, Stuart C. Harvey, Jr. Appointed Chairman

As part of a planned leadership transition at IPC, the trading communications and infrastructure solutions provider, Kurt Adams will succeed Bob Santella as CEO, bringing over 25 years of experience in the financial and technology sectors. Adams previously served as CEO of Optum Financial and held executive roles at Fleetcor Technologies, U.S. Bank, and other financial institutions.

In addition, Stuart C. Harvey, Jr. has been appointed Chairman of IPC’s Board of Directors. Harvey brings extensive experience in capital markets and financial technology, having held a number of senior roles in the industry. Michael Chin, who currently serves as CEO at DUCO, is named as an IPC Board Member.

IEX Group, Inc. Appoints Bryan Harkins as President, Ronan Ryan as COO, and Florian Seifferer as CSO

IEX Group, Inc. (IEX) has announced the appointments of Bryan Harkins as President, Ronan Ryan as Chief Operating Officer (COO), and Florian Seifferer as Chief Strategy Officer (CSO). Harkins brings extensive experience in multi-asset exchange trading, fintech, and capital markets, having held senior roles at Cboe Global Markets, BIDS Trading, BATS Global Markets, Direct Edge, and Trumid.

As Group COO, co-founder Ryan will focus on corporate development and strategic planning to drive IEX’s growth and profitability. Seifferer, as CSO, will be responsible for identifying new market opportunities and partnerships, overseeing the advancement of digital assets and other key initiatives.

Zayo Group Names Colman Deegan as CEO of Zayo Europe

Zayo Group, the global provider of network infrastructure, has appointed Colman Deegan as the new CEO of Zayo Europe, effective April 16, 2024. The strategic hire aims to accelerate the company’s expansion in response to the increasing adoption of cloud services and artificial intelligence across Europe. Deegan brings a wealth of experience to the role, having served in several high-level positions at Vodafone, including CEO of Vodafone Spain, where he led a significant operational turnaround.

In his new capacity, Deegan will focus on driving Zayo’s growth and strengthening its partnerships with key players in the industry such as data centres, hyperscalers, and other enterprises. He comes with deep expertise in managing large teams and executing growth strategies in competitive markets, positioning him well to lead Zayo Europe’s efforts in capturing the burgeoning demand for network infrastructure solutions in the region.

Alex Grinfeld Joins Liquidnet to Co-Head Expanding Futures Division in the Americas

Alex Grinfeld, an 11-year veteran of Morgan Stanley, has been appointed as co-head of Liquidnet’s futures business in the Americas, reflecting the firm’s strategic expansion in global listed derivatives. Grinfeld, who previously served as Executive Director at Morgan Stanley and Vice President at Goldman Sachs, will lead alongside Brian Cashin, a recent hire from Bank of America.

Liquidnet, traditionally known for its equity dark pools and fixed income offerings, is enhancing its derivatives business by introducing advanced trading analytics and automation tools. The move mirrors the company’s earlier strategic hires in Europe, aiming to strengthen its market position by leveraging seasoned expertise from industry veterans.

Broadridge Appoints Frank Troise as President of Trading & Connectivity Solutions

Broadridge Financial Solutions has announced Frank Troise as the new President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets, effective April 29, 2024. Succeeding Ray Tierney, Troise will lead the division into a new phase aimed at simplifying and enhancing multi-asset and multi-workflow trading across global markets. This strategic appointment follows Broadridge’s recent launch of a Futures and Options platform, marking another milestone in its expansion.

With over three decades of experience in trading and technology, Troise brings a wealth of knowledge to his new role. He previously held significant positions including Co-CEO and Board Member at Pico Quantitative Trading, as well as leadership roles at Investment Technology Group, J.P. Morgan’s Execution Services, and major firms such as Barclays and Lehman Brothers. His extensive background positions him to drive innovation and growth at Broadridge.