The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

SWIFT Strengthens Global Securities Business with New Senior Appointments

Share article

SWIFT, the financial messaging provider for more than 9,500 financial institutions and corporations in 209 countries, announced today that Fabian Vandenreydt has been named head of Securities and Treasury Markets. He will report to Gottfried Leibbrandt, head of marketing.

In his new role, Fabian will work closely with Chris Church, global head of Securities at SWIFT, to support the overall growth of the securities business at the cooperative. In this capacity, he will focus on the development and delivery of value-added solutions to investment managers, brokers, central securities depositories (CSDs) and asset servicers. Fabian will also look at expanding SWIFT’s scope in trade matching, in the areas of FX, equities, fixed income and commodities. In addition, he will lead initiatives targeted at the reference data space.

Fabian brings 20 years’ experience in securities and financial technology to his new role at SWIFT, where he was previously head of product management. He joined SWIFT in 2004 from the consultancy Capco, where he was involved in large front-to-back automation programmes in the various securities areas. His professional experience also includes work at Euroclear, where he led product management for communications services.

“The securities market is a very strategic and active area for SWIFT,” said Gottfried Leibbrandt, head of marketing. “Fabian’s understanding of the global securities market coupled with his extensive SWIFT background make him a perfect fit to lead a team that will deliver new levels of value to the securities industry.”

Separately, SWIFT recently named Brett Lancaster as managing director, Securities Initiatives, Americas. Brett joins from The Depository Trust & Clearing Corporation (DTCC) where he was vice president of the Global Corporate Actions business unit.

In his new role at SWIFT, Brett has responsibility for driving securities initiatives in the Americas, such as corporate actions, collateral management and electronic trade confirmation messaging solutions. He is a member of the SWIFT Americas management team and will report to Chris Church, chief executive, Americas and global head of Securities, SWIFT. Brett is based in SWIFT’s New York office.

During his time at the DTCC, Brett founded and led the business operations of the DTCC Solutions subsidiary that provides global corporate actions and reference data to the financial services industry.

Commenting on Brett’s appointment, Chris Church said: “The Americas is a strategically important market for SWIFT in Securities. Adding Brett to the team and leveraging his industry expertise will benefit the community as we continue driving initiatives that reduce costs and risks for the industry.”

“Over the last few years, SWIFT has made inroads in the securities industry, particularly with initiatives focused on funds automation, corporate actions and matching,” said Fritz McCormick, senior analyst, Aite Group. “SWIFT is poised for additional growth, which makes these appointments important as SWIFT continues its strategic focus in the securities space.”

Related content

WEBINAR

Upcoming Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

Date: 21 January 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions...

BLOG

DANIE Consortium Uses Game Changing Privacy Enhancing Technology to Improve Client Reference Data Quality

The DANIE consortium set up to help financial institutions improve the quality of their client reference data by benchmarking data with peers without revealing data sources and with encryption, is calling for banks to confirm places in its 2021 community by 18th December 2020. You can find out more and sign up by contacting community@danie.tech....

EVENT

Data Management Summit USA Virtual

The highly successful Data Management Summit USA Virtual was held in September 2020 and explored how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.

GUIDE

Complex Event Processing

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...