Devexperts Appoints Ben Hurley as New CEO to Drive Innovation and Growth

Devexperts, the global capital markets software developer, has appointed Ben Hurley as its new Chief Executive Officer. This leadership change marks the beginning of a new phase of growth for the company, which provides tailored technology solutions to financial institutions and brokerages worldwide. Hurley, who joined Devexperts in 2022 as Country Manager for Ireland, has played a key role in the company’s restructuring efforts and operational improvements.

With over 20 years of experience in innovation, business optimisation, and product development, Hurley is well-suited to lead Devexperts into its next chapter. His vision focuses on enhancing the company’s ability to offer seamless access to capital markets for firms, further solidifying its position as a leading provider of financial technology solutions.

Sustainable Trading Report Highlights Workplace Challenges in Global Trading Industry

Sustainable Trading, the non-profit membership network dedicated to transforming ESG practices within the global markets trading industry, has released the “LIFE BEYOND THE DESK: Trading Employee Workplace Experience Report,” offering insights into the experiences of 270 current and former trading professionals. The report suggests the need for industry-wide changes in workplace practices, particularly concerning health, flexibility, and career development. Key findings include that 35% of respondents called for reduced market hours, and 37% expressed concerns over long hours affecting their health and personal lives. While 65% reported some flexibility in their work, many struggle with managing responsibilities outside work, and 1 in 5 employees feel their job negatively impacts their wellbeing.

While 80% of respondents commend senior management’s communication styles, issues around career progression persist, with 51% leaving roles due to lack of upward mobility and female employees being more likely to exit due to company culture. The report aims to guide firms in creating more supportive work environments to improve talent attraction and retention.

Duncan Higgins, CEO of Sustainable Trading, commented: “Understanding emerging trends is key for the industry’s evolution. To stay competitive and attract top talent, we must come together to explore these findings and collectively develop initiatives that align with evolving workforce expectations. It’s time to reassess traditional practices and implement changes that support both employee wellbeing and industry growth.”

Chris McConville, Global Head of Execution Services and Trading, Kepler Cheuvreux, added: “This excellent research highlights the many positive experiences within the industry, offering valuable insights from around the globe. While it’s encouraging to celebrate these successes, there is still significant work ahead to enhance our industry. We must ensure that our practices align with their expectations to attract and retain the very best talent. Collaboration across the industry is essential to create a more sustainable and inclusive working environment for everyone.”

Exegy Strengthens Leadership with New Hires to Lead Client Success Initiative

Exegy, the market data and trading technology provider, has appointed Yewande Sobola and Thomas Gallo to lead its new Client Success Initiative, marking a key milestone in the company’s integration of Enyx and Vela. This initiative is designed to enhance Exegy’s role as an extension of its clients’ technology and operations teams, helping them achieve improved business outcomes.

Sobola, appointed as Global Head of Solutions Consulting, brings over 15 years of trading technology experience, with a focus on maximising client value and accelerating infrastructure deployments. Gallo, the new Vice President, Head of Client Success, will drive client engagement and align Exegy’s services with client goals. Their combined leadership will drive global support and delivery functions, aiming to ensure that clients can fully leverage Exegy’s solutions.

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.

SAIFR Hires Hutnyan as Head of Sales

Due diligence, surveillance and marketing communications compliance specialist Saifr has appointed Micheal Hutnyan as Head of Sales. Enterprise sales veteran Hutnyan brings an impressive record of sales leadership and building SaaS revenue streams with stints at Tamr, Trillium Software and DataKitchen. You can hear more from Saifr at the upcoming A-Team Group RegTech Summit in New York on November 21st. 

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.

Delta Capita Appoints Caroline O’Sullivan as Head of Ireland

Global financial services consulting, managed services, and technology provider Delta Capita has appointed Caroline O’Sullivan as its new Head of Ireland. Based in Dublin, Caroline will lead the company’s regional business strategy, focusing on sustainable growth across all core service lines, client relationship management, and overseeing business operations. She will report to Philip Freeborn, Co-Head of Global Markets and Wholesale Banking Services. In her previous role as Chief Operating Officer at Delta Capita, she was responsible for the delivery of the company’s assignments in Ireland. Her extensive background includes significant positions at leading investment banks and financial markets industry groups. 

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.

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.