People Moves: Acin, NeoXam, BNY Mellon, Northern Trust, and more
A look at some of the key people moves from the past week, including Tracy Clarke (pictured), who joins Acin as non-executive director and strategic consultant.
Acin appoints former StanChart exec Tracy Clarke non-executive director and strategic consultant
Acin, a provider of operational risk controls, has announced the appointment of Tracy Clarke as a non-executive director and strategic consultant. Clarke will join Acin in the drive to equip firms to quantify and calibrate their operational risk controls across their businesses.
Clarke’s career in financial services has spanned more than 30 years, working across corporate, institutional and private banking on critical business issues including compliance, financial crime, corporate affairs, culture, and climate change. Clarke previously held a range of senior executive positions at Standard Chartered Bank, where she was CEO of its private bank chief executive officer and regional CEO for Europe & Americas .
Her prior roles also include non-executive director at Sky and Inmarsat, director of Zodia Holdings, supervisory board chair at Standard Chartered AG and director and audit & risk committee member at TheCityUK. Clarke is currently a non-executive director at Starling Bank, TP ICAP and the All England Netball Association.
Mark Hembury joins NeoXam as head of sales for DACH and CEE regions
Data management software vendor NeoXam has hired former SIX Financial Information managing director Mark Hembury as head of sales for the Germany, Austria, Switzerland, Liechtenstein (DACH) and Central & Eastern Europe (CEE) regions. Reporting to the general manager of the DACH and CEE region Philipp Sfeir, Hembury will be responsible for accelerating new business growth across NeoXam’s product suite as well as helping develop existing client relationships.
Hembury held several senior roles across a six-year period at SIX, including global head of sales and account management, head of global sales operations and head of strategic account management. Before that, he held senior sales roles including global business director and MD for Germany in the German-speaking region at Thomson Reuters and previously at Reuters, separated by a two-year stint as VP of business development for the Emea region at Moody’s Investor Services.
Hembury, who started his new position in April, is based in NeoXam’s Zürich office.
BNY Mellon appoints Alejandro Perez as COO for global market infrastructure
BNY Mellon has hired Alejandro Perez as the first chief operating officer for global market infrastructure. Perez will work closely with Robin Vince, vice chair and chief executive officer of global market infrastructure, and the leaders across BNY Mellon’s GMI businesses (clearance & collateral management, treasury services, markets and execution services and Pershing) to help maximize opportunities for closer collaboration and product integration.
Perez was most recently head of professional services at no-code enterprise application developer Unqork, prior to which he was CEO of Bloomberg Data Reporting Services, and also served as the CEO of the vendor’s RegTek solutions business, and as global head of post-trade solutions. Before that, he spent almost 13 years at Goldman Sachs, including as managing director.
Perez started at BNY Mellon on June 1, and reports directly to New York-based Robin Vince, who joined the custodian last year after 26 years in senior roles at Goldman Sachs.
Northern Trust appoints Caroline Higgins and Iain Carey to top roles in Asia offices
Northern Trust has named Caroline Higgins head of Hong Kong, Macau and Taiwan, and Iain Carey head of global funds services in Asia.
Based in Hong Kong, Higgins will report to Angelo Calvitto, newly named head of Asia-Pacific at Northern Trust. She will oversee Northern Trust’s asset servicing business activities across the three markets and assume executive management responsibilities for Northern Trust’s Hong Kong office.
Iain Carey will report to Higgins and oversee client services and the offering of Northern Trust’s fund administration solutions to clients across the region.
Prior to joining Northern Trust in 2016, Higgins held several senior leadership and client management positions at Brown Brothers Harriman, State Street, and UBS. Carey was most recently head of hedge fund services for Asia-Pacific and has worked at Northern Trust since 2010. Before joining Northern Trust, he worked for an independent financial adviser in Australia.
State Street taps vets Wong, Chen to head HK and Taiwan
State Street has appointed Pauline Wong as head of the Hong Kong special administrative region and Ilona Chen as head of Taiwan. These newly created roles will report to Mostapha Tahiri, CEO of State Street in Asia Pacific.
Based in Hong Kong and Taipei, respectively, Wong and Chen will be responsible for leading and executing State Street’s enterprise-wide business strategy, developing talent, and managing relationships with local government officials and regulators in Hong Kong and Taiwan. Wong and Chen will oversee all State Street’s businesses in Hong Kong and Taiwan.
Wong joined State Street in 2011 and was most recently Asia-Pacific lead for the firm’s client program office. She has more than 20 years of experience in financial services. Before joining State Street, she worked in various positions at HSBC in trustee services, private banking and securities services covering the Asia region.
Chen joined State Street in 1993 and helped establish the firm’s asset servicing business in Taipei in 1995. Her most recent role was head of Institutional Services for Greater China.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
New working group to create open framework for managing rising market data costs
Substantive Research is putting together a working group of market data-consuming firms with the aim of crafting quantitative metrics for market data cost avoidance.
Off-channel messaging (and regulators) still a massive headache for banks
Waters Wrap: Anthony wonders why US regulators are waging a war using fines, while European regulators have chosen a less draconian path.
Back to basics: Data management woes continue for the buy side
Data management platform Fencore helps investment managers resolve symptoms of not having a central data layer.
‘Feature, not a bug’: Bloomberg makes the case for Figi
Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.
SS&C builds data mesh to unite acquired platforms
The vendor is using GenAI and APIs as part of the ongoing project.
Aussie asset managers struggle to meet ‘bank-like’ collateral, margin obligations
New margin and collateral requirements imposed by UMR and its regulator, Apra, are forcing buy-side firms to find tools to help.
Where have all the exchange platform providers gone?
The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.