People Moves: State Street, Northern Trust, JonesTrading, LiquidityBook & More

State Street makes senior appointment in alternatives business

State Street has appointed Vincent Georgel-O’Reilly as regional segment head for alternatives in Europe, the Middle East and Africa.

In this new role, O’Reilly covers hedge funds and private markets and is responsible for advancing the investment services strategic direction, product structuring, sales and operations in Emea. He reports to Paul Fleming, global head of alternatives and Joerg Ambrosius, chief executive officer of Emea.

During his 14 years at State Street, O’Reilly held senior positions, including global head of the financial institutions group, global head of strategic initiatives, chief operations officer for the Emea sales team and international head of the mergers and acquisitions group. Prior to joining State Street, he held positions at Aéroport de Paris Management, Rothschild Nomura JV, and Axa IM.

JonesTrading recruits two for outsourced trading department

JonesTrading Institutional Services has hired industry veterans Chris Macaluso and Jon Everett to further enhance the firm’s European and US outsourced trading businesses, respectively.

Macaluso’s hire continues the expansion of JonesTrading’s European outsourced trading business. He was recently head of equity sales trading at Handelsbanken Capital Markets. He also held buy-side trading roles at Putman, Soros and Lucerne. Macaluso is based in JonesTrading’s outsourced trading headquarters in Charleston, South Carolina.

Everett joins JonesTrading from Echo Street where he was head of global trading and spent more than seven years leading trading operations. 

Northern Trust Front Office Solutions makes two key hires

Northern Trust Front Office Solutions has grown its team by adding Nichole Mann as head of operations administration and Nora Tiller as head of client solutions.

As head of operations administration, Mann will be responsible for operational data governance, data quality and process oversight, policy development, and data analysis. Prior to joining Northern Trust, Mann worked at several US-based hedge funds. She formerly served as a vice president with Morgan Stanley, where she focused on credit derivatives and structured credit products. 

Tiller comes to Northern Trust from Georgetown University, where she served as director of investment operations for the university endowment. She previously served as managing director of financial accounting and compliance at Red Cross Investments, and as manager of finance and administration at Howard Hughes Medical Institute.

Launched in 2017, Front Office Solutions is an integrated, cloud-based service and data platform that enables investment offices to view and analyze data from disparate sources across all asset classes in a central repository.

LiquidityBook hires Kumar as senior Fix Specialist

LiquidityBook, a Software-as-a-Service (SaaS)-based provider of order, portfolio, and execution management solutions, has hired Sumit Kumar as senior Fix specialist. He will be based in the firm’s London office.

Kumar spent the last four years at Refinitiv, where he began as a Fix connectivity specialist and rose to positions such as director and global head of Fix onboarding for the Redi EMS. He managed a global team that operated a 24/7 model for Fix connectivity onboarding. Prior to that, he spent his career rising through the ranks in Goldman Sach’s electronic trading division and stayed on with the REDI platform as it spun out in 2014. Earlier in his career, he was an analyst at CLSA and Indus Valley Partners.

In 2020, LiquidityBook added 30 new broker-dealer partners to LBX Connect, its proprietary managed global Fix network, a 38% increase from 2019, while revenues increased 34% year-over-year.

Singapore Exchange’s former VP joins Broctagon as head of Asia FX liquidity

Broctagon Fintech Group, liquidity and brokerage technology provider, announced that Cecilia Chan, a sell-side veteran, has joined the group as executive director. This appointment comes shortly after Broctagon officially obtained its new Money Broking Licence from the Labuan International Business and Financial Centre in February 2021.

Chan will head the team at Broctagon Prime Markets Limited, the group’s newly established Asian liquidity division.

Chan has held a number of institutional positions in Asia over a career spanning 20 years. She was the head of dealing for Phillip Futures followed by Maybank, before moving on to become the vice president of membership and international coverage at the Singapore Exchange and most recently as senior manager of exchange and regulatory relations at Hang Seng Indexes, based in Hong Kong.

Plenitude appoints former MD from HSBC as senior advisor

Plenitude, a London-based consultancy and fintech firm specializing in financial crime risk and compliance, has appointed Barbara Patow as senior advisor. 

Having worked in the banking industry more than 30 years, Patow held senior leadership roles at HSBC in the financial crime and compliance divisions, including global head of AML and global head of financial crime compliance (FCC) for global banking and markets. She was also the head of correspondent banking and chief operating officer for the global liquidity and cash management business, developing and implementing FCC control frameworks.

Beyond helping clients mitigate FCC risk, Plenitude improves the productivity of compliance divisions through the use of technology to automate and streamline compliance workflows and provide enhanced insight into the vast array of FCC  laws, regulations, guidance and risk indicators.