In other People Moves news, NEX Group adds to its board, Zelig Associates bolsters its FinTech support and Northern Trust appoints an overseer for Switzerland.
IPUG Vet to Lead RegTech Effort at 3di
John Ikel, Market Data Specialist, 3di
3d innovations (3di), a data management software and services vendor serving buy- and sell-side firms, has hired market data specialist John Ikel from BNP Paribas to drive its main consulting and product unit for data governance, vendor officials say.
Hiring Ikel is part of “a natural restructuring required due to the company’s continued growth and success,” says Janelle Veasey, director and co-founder, 3d innovations, in a prepared statement. Ikel will be tasked with taking the vendor’s “regtech practice to the next level,” Veasey adds.
The vendor reports that it had a 20 percent increase in revenue and profit growth during 2016, and struck a number of important partnerships in the industry such as those with Infogix and TRG.
“As a result of this success and continued market need, Ikel will take over the compliance and policies aspects of ongoing development with 3di flagship products Profiler and Data Compliance and Dependency Manager (DCDM). He will also lead the company’s consulting teams in data governance engagements,” according to 3di officials.
Ikel’s previous role was as head of market data compliance and audit at BNP Paribas, officials say.
“Ikel spent a considerable amount of time reviewing various consultancies and solutions, making internal recommendations where appropriate,” 3di officials say. “As part of the 3di team, Ikel will play a crucial role in the rollout of the company’s July release of its new exchanges and trading venue’s policies module.”
The module is the core of the primary upgrade in Profiler version 4 and will make the policies and rights management data available within the Data Compliance and Dependency Manager offering, so that managed applications can be tagged with the appropriate policies, officials say.
“Housing all the necessary factors you need to effectively survey data licensing within one analytical dashboard is very important,” Ikel says in a statement. “A single application and data management portal is exactly what the industry needs. It’s a big move forward in transitioning market data management into a genuine business intelligence function.”
NEX Group CFO to Leave Later This Year
NEX Group plc, a financial technology company, reports that
Ken Pigaga, COO, NEX Group
Stuart Bridges, departing CFO, NEX Group
Stuart Bridges, group chief financial officer (CFO), has stepped down from the board and will be leaving the company later in the year.
Samantha Wren, currently chief commercial officer for NEX Markets, has been appointed CFO and joins the board, effective immediately, NEX says in a statement.
In addition, Ken Pigaga, global chief operating officer (COO), joins the NEX board as a director, also effective immediately.
Wren joined ICAP, as NEX was formerly called, in 2009 as group treasurer and has held a
Samantha Wren, new CFO, NEX Group
number of senior finance, operational and commercial roles, including CFO and COO of the global broking division. In March 2016, she was named chief commercial officer for NEX.
Pigaga, who joined ICAP in 2006 and served as COO for ICAP Americas, was appointed global COO of ICAP in November 2013. Prior to joining ICAP, he was a managing director at J.P. Morgan focused on e-commerce activities.
Zelig Associates Appoints Senior Advisor for FinTech
Zelig Associates, which describes itself as “a global FinTech corporate finance boutique,” reports the appointment of Senthil Kumar Venugopal as senior advisor.
Venugopal, who will be based in London, has more than 30 years of experience in the global technology and financial services industries as a senior executive, investor and consultant, Zelig says in a statement.
The company notes also that his “appointment will strengthen Zelig’s global reach and deep domain expertise in FinTech while further enhancing … relationships with strategic acquirers, cutting-edge start-ups, and strategic and financial investors globally.”
From 2007 to 2017, Venugopal worked at Oracle Corp. (joining via Oracle’s acquisition of i-flex) and served as group vice president, holding various roles including global head of marketing and global head of business development at the financial services global business unit, per Zelig.
Zelig’s services include the raising of venture capital and venture debt, growth equity and structured debt, and advising services for mergers and acquisitions, officials say.
Northern Trust Names Head of Business Activities for Switzerland
Custodian bank Northern Trust reports that it has appointed Wim van Ooijen to lead its business activities in Switzerland.
Van Ooijen is currently Northern Trust’s country head for in the Netherlands and Germany, which will remain part of his mandate. Also, he will continue to oversee Northern Trust’s Netherlands business until a replacement is announced.
Van Ooijen will report to Clive Bellows, head of global fund services, Europe, Middle East and Africa (EMEA).
Van Ooijen joined Northern Trust in 2004.
“Before becoming country head for Northern Trust in the Netherlands 2010, he was head of the asset servicing business’ relationship management team based in Amsterdam,” according to a statement. “Prior to that, he was a senior relationship manager in the Dutch team based in London and subsequently in Amsterdam.”
Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and in 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2017, Northern Trust had assets under custody of $7.1 trillion, and assets under management of $1 trillion.
Need a Reprint?