People Moves: SEI, ANNA, Trading Technologies and more

SEI hires Shah as head of new business ventures

Technology and investment solutions provider SEI has made Sneha Shah executive vice president and head of new business ventures, reporting to CEO Ryan Hicke. In this newly created role, she will lead new business and platform identification and incubation.

With more than 25 years of experience in business leadership, Shah most recently served as managing director and group head of London Stock Exchange Group’s (LSEG’s) business accelerator, where she created new businesses in data, artificial intelligence, and technology. Prior to LSEG, she was a managing director and global head of risk managed services at Refinitiv and managing director in Africa for Thomson Reuters.

ANNA names new director and chair

The Association of National Numbering Agencies (ANNA), the body that coordinates the assignment of Isin codes to securities, has appointed Cristina Ribó Sörensen as a board director, and Torsten Ulrich as chair of the board.

Ribó Sörensen will take on the position on behalf of Spain’s National Securities Markets Commission (CNMV), replacing the seat on the ANNA board held by Euroclear’s Dan Kuhnel, who is departing after 18 years as chair.

Following elections at ANNA’s general meeting in London, Ulrich, who hails from Germany’s Datenservice, was selected as the new chair. Ulrich currently serves as vice-chair.

Trading Technologies appoints Tokuyama to lead new FX business line

Trading platform provider Trading Technologies (TT) has named Tomo Tokuyama as head of a new foreign exchange business unit. Tokuyama will oversee the company’s expansion into FX. The first order of business, planned for late 2023, is to provide connectivity to major electronic communications networks (ECNs) for spot FX trading on the TT platform.

For more than a decade, Tokuyama worked at Los Angeles-based First Quadrant, a quantitative fund that at its peak managed over $25 billion in assets. As head of trading at the fund manager, he was responsible for managing the trading team and overseeing all trading activity at the firm, including FX, equities, commodities, futures, listed options and total return swaps.

Prior to joining First Quadrant, Tokuyama worked at Goldman Sachs in Tokyo and Hong Kong, where he was a member of the Macro Asset Sales team specializing in electronic FX, responsible for distributing the Goldman Sachs electronic FX offering across Asia.

The expansion into FX follows Trading Technologies’ acquisition in March of fixed income trading system vendor AxeTrading. Read more about the deal here.

Opensee grows senior leadership with Delaplace as first COO

Opensee, which provides data and analytics to financial institutions, has appointed Anne-Laure Delaplace to the new role of COO.

Delaplace has 15 years of experience in finance and capital markets, having started her career in investment banking and asset management.

She joins Opensee from payments fintech SlimPay, where she oversaw customer success and sat on the management committee. She previously held roles at Refinitiv and Thomson Reuters. Delaplace is a chartered financial analyst, with a master’s degree in international finance from the HEC Paris business school.

LiquidityBook taps Twitter alum to lead software engineering development

Trading solutions provider LiquidityBook has appointed Cavin Woo as principal software engineer. Reporting directly to CTO Shawn Samuel, Woo will lead software development efforts for the firm’s trade management solutions.

Woo has over a decade of software engineering and technical leadership experience. Upon his graduation from UC Berkeley, he joined social video startup SnappyTV, which was later acquired by Twitter in 2014. Woo remained at Twitter until 2023, where he led engineering teams initially focused on integrating SnappyTV’s technology into the Twitter platform. More recently, Woo was involved in modernizing Twitter profiles.

LedgerEdge appoints product director and EU sales lead, seeks European MTF license

Corporate bond trading platform LedgerEdge has hired Stefano Dallavalle and Diederik Van Suchtelen as product director and EU sales lead, respectively.

Van Suchtelen, who will also head LedgerEdge’s Amsterdam office, has more than 12 years of experience trading in capital markets. He joins from boutique trading house SFI Markets, where he was responsible for the Northern European market. He was previously involved in setting up the Tradition branch in Amsterdam. Van Suchtelen joins the company as LedgerEdge hopes to get an EU multilateral trading facility (MTF) license in the Netherlands.

Dallavalle formerly worked at Flextrade, where he was responsible for its European fixed income EMS strategy. Prior to that, Dallavalle worked in European credit trading at MarketAxess, including in workflows, automation, and price discovery. He also led the delivery of the first cloud-based, all-to-all trading protocol at MarketAxess.

Clear Street taps McCarthy as chief administrative officer and head of clearing

Prime broker Clear Street has hired Kevin McCarthy as the firm’s first chief administrative officer and head of clearing. McCarthy will report to Clear Street CEO Chris Pento and oversee the firm’s clearing services for market-makers.

Before joining Clear Street, McCarthy spent more than 30 years at Bank of America Merrill Lynch, launching and managing clearing and prime brokerage financing services. As head of professional clearing and prime brokerage client service, he managed more than 125 client service, team leads, and relationship management professionals supporting over 500 clients.

Chatham hires McLellan as managing director in global Isda and regulatory practice

Risk management advisory and technology provider Chatham Financial has appointed Jennifer McLellan as a managing director in the global OTC derivative instruments, Isda, and regulatory practice.

McLellan established a practice in 2011 for law firm Dickson Minto, where she was head of derivatives, before joining Chatham. She has advised private equity sponsors, corporates, and investment fund boards on derivatives-related legal and regulatory matters.

Hazeltree hires Winter as CTO

Treasury and liquidity management software-as-a-service (SaaS) provider Hazeltree has appointed Richard Winter as CTO. Winter has over 20 years of experience in financial technology. He joins Hazeltree from Finastra, where he was vice president and head of technology global services. Previously, he spent more than 14 years at Capgemini Financial Services UK.

The appointment of the CTO follows several executive appointments at Hazeltree over the last year: Tushar Amin was appointed CEO in April 2022, Sandy Weil was named chief revenue officer in June, and Kevin Held was tapped to be CFO in September 2022.

Transcend taps Harris as product specialist

Transcend, which provides liquidity, funding, and collateral optimization tools, has appointed Emily Harris as a product specialist, based in the UK. In this role, Harris will focus on Transcend’s securities finance product development and expanding the firm’s business in Europe and Asia.

Prior to this, Harris was a senior product manager at both EquiLend Spire and Trading Apps. Earlier in her career, she was a vice president for European cash and collateral analytics with Barclays Investment Bank. Before that, she worked at UBS Investment Bank for 11 years, where she covered equities, derivatives, and finance trading.

Torstone taps Mardon as CFO

Torstone Technology, a SaaS platform provider for post-trade securities and derivatives processing and risk management, has named Neil Mardon CFO. He will also be joining Torstone’s board of directors.

Mardon, who is a chartered accountant, was previously CFO and COO at Daiwa Capital Markets Europe. He was responsible for a cybersecurity change program and management of the FCA Operational Resilience model changes during his 10 years at the firm.

ING appoints new chief analytics officer

ING has named Bahadir Yilmaz as chief analytics officer, starting July 1. In the role, Yilmaz will oversee ING’s analytics and business intelligence activities.

Yilmaz joined ING in Turkey as a process excellence consultant in 2012. He joined ING Analytics in 2018, where he set up the Intelligent Operations Centre of Expertise to apply analytics solutions to operational problems. In 2021, he took on the additional responsibility of global head of tooling and analytics for retail COO.

He will report directly to Marnix van Stiphout, COO and member of ING’s management board.

Delta Capita selects Collier as head of CLM sales

Delta Capita, a provider of capital markets consulting, managed services, and technology, has picked George Collier as its new global head of CLM sales.

Collier will be based in London, where he will oversee CLM sales with a priority on technology-enabled sales and business development. He will work closely with the global sales and marketing teams.

George joins from his most recent role as director at iMeta Technologies, providing onboarding, know-your-customer (KYC), anti-money laundering (AML) and CLM software solutions. Prior to this, George has held senior sales and business development roles in CLM and data management at Markit, Asset Control and GoldenSource.