People Moves: BNY Mellon, State Street, Citadel Securities and more

BNY Mellon Markets appoints head of financing and liquidity

Laide Majiyagbe has been appointed head of financing and liquidity at BNY Mellon, assuming oversight of the firm’s securities finance, liquidity services and collateral segregation businesses. She will be based in New York.

In this newly created position, Majiyagbe will oversee the strategic direction for BNY Mellon’s financing, collateral and short-term liquidity offering and drive continued product integration between the businesses.

She joins BNY Mellon from Goldman Sachs, where she spent 14 years serving in a variety of roles, most recently as global head of liquidity projections in the firm’s corporate treasury division. She held several positions within liquidity and collateral management, and was involved in the design of a number of its post-crisis collateral management and optimization tools used in managing firm and client collateral.

State Street names head of Asia-Pacific asset management clients

State Street has hired Neil Macdonald as head of its asset managers segment in Asia-Pacific. In this newly created role, Macdonald will lead State Street’s engagement strategy for asset manager clients in the region, including strategic direction and solutions structuring, and will be responsible for the overall growth of the segment.

Based in Hong Kong, Macdonald will report globally to Donna Milrod, head of the global asset managers segment and global clients division, and regionally to Mostapha Tahiri, CEO for Asia-Pacific.

Macdonald joins State Street from KPMG, where he was head of the Wealth and Asset Management Centre of Excellence, building a consulting business focused on the needs of wealth and asset managers in Hong Kong and mainland China. He has nearly two decades of experience in the asset management industry. Prior to KPMG, Macdonald was COO of global investment solutions at JP Morgan Asset Management and COO for BlackRock’s institutional clients in Emea.

Before entering the asset management industry, Macdonald held a number of senior positions in the banking sector, including at Barclays and NatWest Bank.

Etrading hires McIlroy to boost sales of Artis loan tech partnership

Etrading Software, a technology vendor serving the fixed-income over-the-counter (OTC) markets front office, has recruited Victoria McIlroy for a newly created role in which she will drive sales for Etrading Software and Artis Holdings’ new loan technology partnership.

The loan product has recently been expanded to include Labs, a desktop tool designed to increase efficiency and automation of front-office loans workflows. WIC Platform, the loan product that automates large parts of the “bids/offers wanted in competition” flows, launched on May 14 for clients already signed on to the platform.

McIlroy was most recently a trader at CVC Credit Partners in the performing loan space. Prior to that, she garnered front-office sales experience at Stifel Financial and CLSA.

Gresham hires Cavell to spearhead North American business development

Gresham Technologies, a London-based fintech firm specializing in data integrity solutions, payments and cash management, has hired Marc Cavell to its North American sales team as the company looks to expand throughout the region.

Cavell brings more than a decade of fintech experience spanning corporate banking, financial messaging, payments, and cash management to Gresham. He previously held sales roles at Fundtech and Finastra, where he managed key accounts in the US market.

The hire follows the recent news that KPMG US will be deploying Gresham’s Clareti Control solution to deliver automated controls across the reconciliation process, to provide a faster, more efficient, and digitally driven audit experience to KPMG clients.

LiquidityBook hires Kost to lead sell-side business development in North America

Sofware-as-as-service (SaaS) trading solutions provider LiquidityBook has hired Frank Kost as head of sell-side business development, North America. Kost will be based in New York.

Kost will oversee business development efforts for LBX Sell-Side, LiquidityBook’s portfolio, order, and execution management system. He will be responsible for in bringing in new business and identifying long-term growth opportunities in North America, which has the highest concentration of LiquidityBook clients of any region.

He most recently served as director of business development at Axos Clearing. Before that, he was senior sales executive at SS&C, where he honed a keen understanding of the sell-side order management system space and the shortcomings of legacy systems. His previous roles include senior sales positions at SunGard, Aegis Capital, Bloomberg, Nyfix and Reuters.

SmartStream expands treasury business with new hire

SmartStream Technologies has appointed Peter Dehaan as new business director for cash and liquidity management, which supports financial institutions’ treasuries and their stakeholders with the delivery of real-time cash and liquidity management solutions.

Prior to joining SmartStream, he was at Lloyds Bank for seven years managing treasury and liquidity services for various sectors in the commercial bank under the global transaction banking umbrella. Previous to this, he was at Citibank for almost 16 years in a number of roles, including product management and correspondent banking within global transaction services.

Dehaan will report to Nadeem Shamim, head of cash and liquidity management at SmartStream.

Citadel Securities head of technology joins cryptocurrency exchange

Brett Harrison, former head of semi-systematic technology at Citadel Securities, has joined cryptocurrency derivatives exchange FTX.US as president.

Harrison will be FTX.US’s first president, working closely with the senior leadership team to establish FTX.US as a top US-regulated cryptocurrency exchange. Growing FTX.US into the “most trusted digital currency trading platform and exchange in the US market” will be his primary goal in this new role, according to the company’s announcement.

Prior to his time at Citadel—where he oversaw a team of more than 100 engineers responsible for options, exchange-traded funds, American depositary receipt, and OTC technology—Harrison worked at Jane Street for three years, leading the firm’s trading systems development group.