People Moves: SteelEye, Northern Trust, LPA, Tora, and more

SteelEye appoints Brian Lynch to lead US operations

SteelEye, a compliance technology and data analytics firm, has appointed Brian Lynch as president of its new US operations. Working closely with CEO Matt Smith and the management team, Lynch will establish SteelEye’s US footprint and lead the firm’s commercial expansion in the North American market. The appointment marks the next step in SteelEye’s international expansion and will allow the company to offer its cloud-based compliance and regulatory oversight solutions in North America.

In 2011, he joined Risk Focus from UBS as chief executive officer, where Lynch expanded the scale and profitability of the consulting business. He drove the development of a regulatory-focused software solution that he then spun out to create RegTek Solutions, a regulatory reporting startup, funded by Illuminate Financial and Deutsche Boerse. In 2019, Bloomberg acquired RegTek Solutions, and Lynch then spent two years integrating his product into Bloomberg’s regulatory platform and growing the business before leaving to join SteelEye.

Northern Trust appoints Gary Paulin as head of global strategic solutions

Northern Trust has appointed Gary Paulin as head of global strategic solutions for its asset servicing business. In this newly-created position, Paulin, who is based in London, will lead the development and design of innovative solutions that will enable clients to access and benefit from the full range of Northern Trust’s global capabilities. He assumes the role having previously been global head of integrated trading solutions, Northern Trust’s outsourced trading desk.

The appointment supports Northern Trust Whole Office, a strategy bringing open architecture, multi-asset class solutions to institutional market participants across the entire investment lifecycle.

Paulin joined Northern Trust in 2016 after the acquisition of Aviate Global, an institutional equity brokerage firm co-founded by Paulin. 

Paulin reports to Pete Cherecwich, president of corporate and institutional services at Northern Trust.

LPA expands UK capital markets consulting team with two new senior hires

LPA Group, a provider in capital markets regtech, has announced the expansion of its United Kingdom office with two new hires: Peter Leech as partner and head of UK consulting and Deniz Patel as director and head of UK consulting and software sales.

Based in London, Leech and Patel will work alongside Mark Reeves to grow the British business across services and solutions, building on LPA’s strong client base in continental Europe.

Leech has more than 30 years of experience in financial services consulting. His most recent position was group director and managing consultant at CubeMatch Limited, where he spent 16 years of his career. Prior to that, he was a managing consultant at TCA Consulting.

Patel has over 20 years of experience in the financial services industry. She most recently worked as a sales consultant for Arcadier Group, a marketplace technology company, before which she was business development director at Calypso Technology. Previously, she held roles at FIS, Barclays, and Deloitte.

Tora hires product manager for OEMS

Tora, a provider of cloud-based order and execution management systems and portfolio management systems, has named Jason LeDell as the product manager responsible for the OEMS. He will be responsible for developing and deploying OEMS product strategy to aid Tora’s global expansion plans.

LeDell joins Tora from Horizon Asset International, where he was responsible for execution and trade analysis. LeDell will be based in Tokyo and report to global head of product, Ovidiu Campean.

Michael Borts joins ACA Group as new chief technology officer

ACA Group, a governance, risk, and compliance advisor in financial services, has announced that Michael Borts has joined the firm as chief technology officer to lead ACA’s technology development, vision, and strategy. In his role, he will oversee all product development for ACA’s ComplianceAlpha regulatory technology platform and technology enablement at the firm.

Michael joins ACA from Amazon Web Services, where he was principal in the advisory practice. He has also served as the head of digital transformation at Citco Group and head of operations, infrastructure, and information security at Warner Music Group. He has also previously held roles in regulatory tech and market surveillance software development leadership at NYSE.

Cboe expands data and access solutions leadership team

Cboe Global Markets, a provider of global market infrastructure and tradable products, has expanded its data and access solutions leadership team to successfully position the business for further global growth.

Bo Chung, a long-time veteran of the financial services industry, has joined the company as senior vice president for global sales and index licensing. In this role, Chung will be responsible for overseeing the strategic growth and adoption of Cboe’s holistic data and access solutions offering.

Prior to joining Cboe, Chung served as an independent strategic advisor to select start-ups in the early and growth stages. Previously, he was managing director and global head of sales and relationship management at S&P Dow Jones Indices. Prior to that role, Chung was managing director for business development, sales, and marketing.

Additionally, Michael Hollingsworth has been promoted to vice president and global head of risk and market analytics, and Geralyn Endo was promoted to vice president, global data and access solutions client engagement. Previously, Hollingsworth was senior director of financial risk analytics and Endo was previously head of client engagement, data, and access solutions at Cboe.

FundGuard names John Lehner president

FundGuard, an AI-powered SaaS investment management and asset servicing enterprise platform, has appointed John Lehner president. Lehner will be responsible for driving the firm’s go-to-market strategy and client-facing activities including broader expansion globally, onboarding and servicing new clients, establishing new client relationships and working closely with product teams to build and roll out product strategy and marketing. This appointment is a further step in FundGuard’s development and follows its Series A funding round in February of this year, which brought total funding to $16 million.

He joins FundGuard from State Street where he was most recently global head of the asset management and insurance segments and investment manager services. Prior to that he was chief executive officer  of BNY Mellon technology solutions, chairman of Eagle Investment Systems and a member of the operating committee.

Exactpro appoints Jagath De Silva as regional CEO to lead operations in Sri Lanka

Exactpro, a software testing services provider for financial market infrastructures, has added Jagath De Silva as chief executive officer of its new subsidiary in Sri Lanka. In his new role with Exactpro, De Silva will spearhead the company’s growth in Sri Lanka with the aim of making use of the leading local talent and harnessing the potential of the new market.

He was a founding member of the quality assurance practice of the Virtusa Corporation, an information technology company. Jagath De Silva sits on the advisory committees of both the Sri Lanka Association for Software Services Companies Technology forum and Sri Lanka Institute of Information Technology Business School.

De Silva’s appointment follows the announcement of Exactpro’s expansion into Sri Lanka in July.

Larry Neiman joins Macrobond as North America business development director

Macrobond Financial, a provider of economic and financial data and analytics, has appointed Larry Neiman as director of business development. Neiman, who will be based in New York, will be responsible for growing Macrobond’s business in the US and managing strategic customer relationships in the region.

Neiman joins Macrobond after 21 years at Haver Analytics, a provider of financial and economic data and analytic tools, where he most recently served as a regional account manager.