OpenDoor Trading, KeyBanc Capital Markets, BondWave and Axioma also had People Moves news.
Haytham Kaddoura, CEO, SmartStream
Post-trade systems vendor SmartStream Technologies has a new CEO, Haytham Kaddoura, who will be working with Philippe Chambadal, who has left the CEO post to become president of the company, vendor officials announced this week.
Kaddoura has served as an advisor to the board of directors of SmartStream, and is a member of the board of directors of the SmartStream Reference Data Utility (RDU), officials add.
Philippe Chambadal, president, SmartStream
Chambadal, who has served as SmartStream’s CEO for the past eight years, will oversee the recently formed SmartStream RDU, the Fees Management Utility and future acquisitions. He will also focus on strategic initiatives, officials say.
Chambadal “has taken SmartStream from a software vendor to a global managed services provider working with the largest banks in the world. The SmartStream Reference Data Utility, Fees and Expense Management and Transaction Lifecycle Management solutions are each leaders in their respective categories,” says Khalifa Al Daboos, chairman of the board for SmartStream, in a prepared statement.
Capital Markets Veteran Joins OpenDoor Trading
OpenDoor Trading, which offers a browser-based trading platform for off-the-run treasuries and treasury inflation-protected securities, has appointed Guy Haselmann as managing director.
Haselmann, a 25-year veteran, will be “responsible for sourcing and on-boarding new clients, while also playing a key role in augmenting client trading and portfolio processes,” according to a statement, which notes that he joins from Scotiabank, where he was a director of capital markets strategy, “specializing in analyzing macroeconomic policies and capital market interconnections to strengthen investment procedures and asset allocation processes.”
Haselmann, who also has been a member of the New Jersey State Investment Council since 2010, will report to Eric Green, head of the product solutions group.
OpenDoor Trading was founded in 2015.
KeyBanc Capital Markets Expands MBS Trading & Sales in NYC
KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland, Ohio-based KeyCorp, reports the appointment of a several fixed income sales and trading specialists in New York City.
The new group will focus on mortgage-backed securities (MBS) sales and trading, KeyBanc says, noting that the firm has “nearly 100 fixed income representatives nationwide that are focused on the distribution and trading of taxable and tax-exempt securities, concentrating on U.S. treasuries, government agencies, investment-grade credit, high yield, MBS and municipal securities.” The new group includes:
Joe Vaccaro, managing director and head of mortgage trading, who reports to Tom Goodrick, managing director and head of fixed income trading; Steve Palmer, senior MBS trader responsible for RMBS agency trading; and Jiwon Park, trader and analyst focusing on all MBS credit products. The new group will work alongside existing MBS desk members Bill Chambers and Raymond Lafontant, according to the KeyBanc statement.
In addition, Michael Corsi joins as a managing director and will co-head MBS sales with Keith Newman, rates sales manager. Chris Heaney, Chris Flaten and Chris Morello also join in fixed income sales.
Parent company KeyCorp reports assets of approximately $98.4 billion, as of March 31, 2016.
BondWave President Takes on CEO’s Post
Michael Ruvo, president, CEO, BondWave
BondWave LLC, a fintech company and registered investment advisor (RIA) focused on individual bond investing, reports that its president, Michael Ruvo, has been appointed chief executive officer as well.
Ruvo has been at BondWave since 2013, when he was brought on as part of a long-term plan to eventually succeed Russ Graham, CEO at BondWave for 15 years, according to the company’s statement, which adds that Graham now will rejoin BondWave’s parent company, Wheaton, Illinois-based First Trust Portfolios L.P.
BondWave is “liquidity and trade agnostic and our sole focus is to provide a simple, sophisticated user experience around individual bond investing,” the company says.
Axioma Names Chief Financial Officer
Amaury Dauge, CFO, Axioma
Axioma, a provider of risk solutions for buy-side institutions, reports the appointment of Amaury Dauge as the company’s chief financial officer (CFO).
Dauge was previously CFO of Euronext, Axioma says in a statement, which notes also that, prior to Euronext, Dauge served as senior vice president for corporate planning and analysis at NYSE Euronext since December 2009. He joined Euronext as a mergers and acquisitions analyst in 2001, and was later named head of M&A and then chief of staff to the CEO, officials say. In 2008, he was appointed chief operating officer, European Equities Market and Market Data. He began his career at BNP Paribas before joining PwC and Atos Consulting.
During his term as Euronext CFO, Axioma says, “Dauge led the financial and legal carve-out of Euronext from NYSE Euronext, following its acquisition by ICE (Intercontinental Exchange), leading to a successful IPO of Euronext.”
Dauge will relocate from Paris to Axioma’s New York office, where he will be based.
Need a Reprint?