People Moves: Tradeweb, BondLink, Boosted.ai, Transcend, and more

A look at some of the key "people moves" from this week, including Devi Shanmugham (pictured), who joins Tradeweb as global head of compliance.

Devi Shanmugham

Tradeweb appoints Devi Shanmugham as global head of compliance

Tradeweb Markets has appointed Devi Shanmugham as global head of compliance. Shanmugham will be responsible for continuing to foster Tradeweb’s culture of compliance and further developing the company’s relationships with regulators around the world. She will report to Scott Zucker, chief risk and administrative officer.

Shanmugham joins Tradeweb from Bloomberg LP, where she was chief compliance officer for Bloomberg swap execution facility. Prior to joining Bloomberg in 2015, she was assistant general counsel at GFI Group and assistant general counsel at JPMorgan Chase Bank.

BondLink taps Nasdaq’s Allen for sales

David Allen has joined Boston-based BondLink, a provider of software that helps states and municipalities automate processes relating to bond issuance and disclosures, as vice president of sales.

Allen was most recently head of enterprise sales at Nasdaq Governance Solutions, which he joined in 2017 from AI consumer intelligence platform GfK, where he was VP of sales for consumer choices in North America. Prior to that, he was VP of sales and marketing at predictive analytics provider EidoSearch, and before that was general manager for the Americas at Tim Group, which he joined via its acquisition of First Coverage. He has also previously served as global account director at Thomson Financial, following its acquisition of CCBN StreetEvents, where he was sales team leader.

At BondLink, he reports to CEO Colin MacNaught.

Boosted.ai adds Hossein Moein as head of data infrastructure

Boosted.ai, a distributed machine-learning platform for global investment professionals, has added Hossein Moein as head of data infrastructure. In this role, Moein will be responsible for managing Boosted.ai’s entire data infrastructure, helping to enhance data ingestion, analysis, normalization, and post-model output and explainability analysis. Moein will develop and manage solutions that allow Boosted.ai’s end users to have a deeper understanding of Boosted.ai’s AI solutions, enabling them to manipulate and interpret the factors driving its machine-learning models.

Prior to joining Boosted.ai, he served as the head of data at Kensho Technologies and held positions at Tudor Investment Corporation, Pine River Capital Management, Axiom Investment Advisors, AQR Capital Management, UBS, and Goldman Sachs.

He will be based in New York.

Transcend appoints Steve Vena as business specialist

Transcend, a provider of analytics, optimization, and automation for collateral, liquidity, and funding, has appointed Steve Vena as business specialist. Vena will be responsible for expanding Transcend’s business and product strategy to solve complex operational challenges at financial institutions.

Most recently, Vena served on the business transformation global markets team at HSBC and the Brexit transform lead at Jefferies. He has also led global teams at firms including Lehman Brothers, Deutsche Bank, and Millennium Partners.

Symphony’s Soulier joins LeadingPoint advisory board

Leading Point have added Severine Raymond Soulier as the newest member of their advisory board. Soulier joins Leading Point to expand the product portfolio and its reach across international markets.  

Soulier was recently appointed head of EMEA at Symphony, the cloud-based, communication and content sharing platform. She was previously head of EMEA investing and advisory at Refinitiv and head of Continental Europe investment and advisory at Thomson Reuters.

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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