Following his departure from Trax platform operator Xtrakter earlier this year, ex-Trax product manager Chad Giussani has joined HSBC as its new global head of IT quality and regulatory reporting. Giussani’s former colleague and ex-Xtrakter marketing and communications manager Conor Coughlan has also resurfaced at Fitch Solutions as its new associate director of global product marketing.
Giussani, who is also currently chairman of the regulations business unit at industry association ISITC Europe, was responsible for the Xtrakter product suite including Trax for just under two years. In this role he was charged with gathering market requirements to define new Trax and complimentary data services. Prior to this, he was product manager for Omgeo’s MarketMatch and MiFID compliant Transaction Report products for a period of two and a half years. He will, no doubt, put this regulatory focused experience to good use in his new role at HSBC.
HSBC has seen a number of high profile data management exits and entrances over the last couple of years, including the departure of ex-EDM head Sally Hinds at the start of this year and the joining of ex-JPMorgan chief data officer (CDO) Peter Serenita last year.
Coughlan was with Xtrakter and its previous incarnation, the International Capital Market Association (ICMA), for a total of four and a half years.
Fitch Solutions, which focuses on the development of fixed income data products and services, has also recently hired ex-BNY Mellon fixed income head Neil Smith to lead the efforts of its Research Services group.
