People Moves: Rimes, LCH, LSEG, ACA

Rimes Technologies appoints Hunt as CEO

Rimes Technologies, a provider in managed data services for financial institutions, has appointed Brad Hunt as its chief executive offer. Hunt becomes CEO as RIMES develops its data management solutions for asset managers.

Hunt will lead Rimes in expanding its “lean data management” approach to managed data services following the launch of the company’s cloud-based data management solution in April. He aims to focus on expanding the firm’s value proposition to the investment community by delivering new outsourced data management solutions that plan to address the industry issues of data complexity and cost.

He has 30 years of experience in business growth in wholesale capital markets, electronic trading, data services, and financial technology. Prior to joining Rimes, Hunt ran strategy and business development at Bank of New York Mellon’s Global Markets division, where he led business and digital transformation.

Rimes’s co-founder and now-former CEO, Christian Fauvelais, retains a role on the company’s board where he continues to provide guidance and support over the company’s strategy.

London Clearing House taps Pearson as head of ForexClear

London Clearing House has appointed James Pearson as head of ForexClear, LCH’s FX derivatives clearing service.

Pearson previously served as global head of FX Trading at RBS, where he was responsible for the trading risk, daily management, and strategic direction of the FX business. Prior to RBS, James held positions as global head of G10 FX spot trading and EMEA head of emerging FX markets at Nomura and Lehman Brothers. He has worked on FX spot and non-deliverable forwards trading desks at Citi and HSBC, and has sat on FX industry advisory boards. 

David Craig to depart LSEG

David Craig, founding CEO at Refinitiv head of data and analytics at the London Stock Exchange Group, will leave the group at the end of 2021, following its integration with Refinitiv.

Andrea Remyn Stone will become group head of data and analytics, effective July 1. Stone, who is currently chief product officer of data and analytics, will work with Craig to ensure a smooth transition of operational and integration priorities. Craig will serve in an advisory capacity to LSEG until the end of 2021.

ACA Compliance Group adds Martin Fawzy to London-based Consultants

ACA Compliance Group has announced that Martin Fawzy has joined ACA’s London-based team of consultants. He will be focused on providing regional US Securities and Exchange Commission (SEC) regulatory support to hedge funds, private equity, and diversified financial services firms outside of the U.S.

Fawzy has more than 20 years of experience in investment adviser compliance experience and joined ACA’s San Francisco office in October 2018. He has experience designing, managing, and supporting the compliance programs of advisers to hedge funds, real estate funds, private equity funds, venture capital funds, mutual fund companies, wrap accounts, and separate accounts.

Before ACA, Martin held CCO and senior compliance officer roles at SEC-registered firms, including Symphony Asset Management, Fuller & Thaler Asset Management, SEI Investments, and Nuveen Investments.

He will be joining a team with Crystal Christian, senior principal consultant, and Kira Karabatak, consultant.