Ancoa, a U.K.-based provider of contextual surveillance and analytics for exchanges, regulators, buy- and sell-side firms, reports the addition of several new management members as a result of growing demand for market surveillance capabilities, according to Kurt Vandebroek, Ancoa CEO.
The new appointments include Adedamola Adetola and Yogita Mehta, who have been appointed commercial directors, reporting to Vandebroek.
Adetola, who previously worked for Bloomberg Tradebook and Barclays Capital, is “focused on supporting the needs of regulators, exchanges and broker dealers,” while Yogita, who previously worked for Tbricks and DTCC, is “concentrating on bank and buy-side requirements,” according to an Ancoa statement.
The company’s other appointments include Stefan Hoefnagels, who also reports to the CEO, whose background includes positions with Societe Generale and Rabobank. Hoefnagels has been named a sales representative, responsible for the company’s expansion in the Americas and Asia Pacific.
Another new hire, Dipen Thaker, joins the company from Thomson Reuters where he was part of the team specializing in benchmark surveillance solutions, officials say. Thaker has been named product manager.
Johan Buyle, formerly an investment manager at AlpInvest and at Fortis Private Equity, has been named to the Ancoa board, joining existing board members Stefan Hendrickx, Andrew Louth, Hans Cobben and Stefan Dierckx.
“There is a clear appetite for our market surveillance capabilities, which is reflected in the expansion of our sales and product teams,” CEO Vandebroek says in the statement.
Ancoa, founded in 2010, characterizes itself as a “monitoring and surveillance platform” for financial services firms that need help with their regulatory, reputational and operational risks “across markets, functions and asset classes,” officials say. It offers real-time trading monitoring, enabling users of to “spot irregular behaviors, as well as detect and investigate potential market abuse scenarios.”
Need a Reprint?
Leave a Reply