In other People Moves, OpenDoor Trading taps the Treasury Department, FINRA promotes and Cinnober hires from Citi.
Colt Hires from BT Global Services
Andrew Housden, VP, capital markets, Colt
Colt Technology Services, which provides on-demand services to the financial markets reports that Andrew Housden has joined as vice president of capital markets, reporting to Tom Regent, Colt’s chief commercial officer.
He will be responsible for growing the capital markets vertical, Colt says in a statement, and will be based at the company’s headquarters, in London.
Housden joins from BT Global Services, where he was the vice president of global finance accounts. “During his time at BT, he managed the global sales team for Unified Trading and Radianz cloud services and was responsible for driving business growth with major accounts in the financial services sector,” Colt says.
Former U. S. Treasury Official Joins OpenDoor Trading
Darcy Bradbury, board of directors, OpenDoor Trading
OpenDoor Trading, which was formed in 2013 and is about to launch a browser-based platform for U.S. Treasury inflation-protected securities (TIPS) and U.S treasuries, has appointed Darcy Bradbury, former assistant U. S. Treasury secretary for financial markets, to its
Debbie Matz, advisory board, OpenDoor Trading
board of directors, and Debbie Matz, former board chairman of the National Credit Union Association (NCUA), to its advisory board.
Bradbury, who is a managing director at the D. E. Shaw group, an investment and technology development firm, served as an assistant U. S. Treasury secretary for financial markets from 1993 to 1996, and chair of the board for the Managed Funds Association from 2009 to 2011, OpenDoor says.
Matz is currently a board member at Mutual of Omaha bank, where she is a member of the audit and compensation committees, according to OpenDoor, which notes that she “most recently served as Board Chairman for the National Credit Union Association from 2009 to 2016, where she was responsible for protecting the safety and soundness of 6,000 federally insured credit unions holding over a trillion dollars in assets. She also represented the NCUA on the Financial Stability Oversight Council (FSOC) and the Federal Financial Institutions Examination Council (FFIEC) from 2011 to 2013.”
FINRA Promotes Two
The Financial Industry Regulatory Authority reports the promotion of Marcia E. Asquith to executive vice president, board and external relations, and Jennifer Piorko Mitchell to vice president, corporate governance.
In the newly created post, Asquith, who joined the authority in 2001, will remain as the overseer of the office of the corporate secretary, and the offices of investor education, member relations and education, government affairs and corporate communications, FINRA says.
Mitchell has worked in the corporate secretary’s office since 2007, initially serving as assistant corporate secretary, according to the FINRA statement. “In 2014, she was promoted to Deputy Corporate Secretary and selected to serve as the Secretary of the FINRA Investor Education Foundation.”
Cinnober Names First Member of Management Team for Subsidiary
Cinnober has hired Patrick Tessier from Citi as chief operating officer (COO) to help support its new subsidiary offering real-time, modular post-trade technology and services to investment banks, officials say.
The new subsidiary’s goal is to “modernize client clearing operations, a business area tightly squeezed by new regulatory obligations, higher capital requirements, and high spending on legacy IT infrastructures,” according to Cinnober.
Tessier is the first member of the management team to join Cinnober. His most recent position was global head of futures and OTC clearing operations at Citi, officials say. Before that position, he was EMEA head of ETD operations at UBS Investment Bank, CEO of London Northern Europe at GL Trade, and European head of listed derivatives operations at Credit Suisse.
“Tessier will be based in London together with a team of experts in bank clearing, back office, and risk management. Software development will be carried out primarily in Sweden, where Cinnober has its two main offices,” according to the vendor.
Cinnober provides financial technology to exchanges and clearinghouses while the subsidiary will bring the real-time clearing technology to global investment banks and brokers, officials say.
Need a Reprint?
