Finance Monthly May 2019 Edition

67 www.finance-monthly.com APPOINTMENTS BEQUANT Appoints Richard Shade as Consultant BEQUANT, a leading cryptocurrency exchange, has announced that it has hired Richard Shade as a consultant to its team. Richard will primarily be advising BEQUANT on building its custody offering and structuring its exchange operations, ensuring the business is adhering to the highest standards in a regulated trading environment. With over 23 years of experience in financial services, implementing change and managing operations, Richard will be supporting BEQUANT as it continues to build a more reliable landscape for institutional cryptocurrency trading. Richard has spent a number of years in the regulated exchange space both at CME Group and NYSE Liffe. His expertise will help to develop the operational capabilities of BEQUANT and ensure that they meet the highest standards expected by today`s modern markets. Richard Shade said: “I’ve enjoyed working at exchanges at both Liffe and CME, and more recently working with and learning from the PTDL working group and Uwincorp Ltd in blockchain). I was keen to continue to work in the digital asset space and BEQUANT felt like the chance to draw from all my experience including working with regulators and in operating a recognised investment exchange. As we take BEQUANT through the regulatory approval process and look to build a fully regulated solution for the market, I’ll be able to help ensure the business is fully secure, regulated and reliable for investors. The cryptocurrency market is starting to come of age as large incumbents continue to launch new solutions, so it’s an exciting time to be involved with a renowned cryptocurrency exchange.” George Zarya, CEO of BEQUANT said: “Regulatory compliance is an ongoing challenge for the cryptocurrency industry. Managing market growth while ensuring investors are protected and secure is not always easy, but businesses that are able to find the right balance will benefit from increased investor engagement and will be prepared for any regulatory demand that may come. By working with Richard, our aim is to be one of those organisations – establishing rigorous and robust controls while still allowing the exchange to flourish.” GoldenSource, an independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM), has announced the appointment of Ramesh Pulandaran as Head of Sales for Asia-Pacific. Based in Singapore, Pulandaran will report to the Managing Director of Global Sales & Client Operations Neill Vanlint and play a crucial role in further growing GoldenSource’s customer base in the Asia-Pacific region. Ramesh Pulandaran said: “Managing change and driving value from data has become essential for making progress against the economic, regulatory and geopolitical headwinds of recent years. Establishing an enterprise data infrastructure is fundamental to creating and protecting value across all financial services firms. GoldenSource has both the solution and expertise for banks, brokers, asset managers, asset owners and exchanges. I look forward to extending the relationships I’ve built with firms over the past 15 years living and working in the Asia-Pacific to further support GoldenSource’s growth in the region.” Pulandaran has more than 18 years of experience in financial services including stints at SunGard and Broadridge Financial Solutions. His experience spans broking, trading, operations and sales. “Financial firms in the APAC region are planning and executing their growth strategies in extremely dynamic conditions”, John Eley, CEO of GoldenSource said. “Banks are facing more stringent stress tests and the challenge of implementing the Fundamental Review of the Trading Book regulations. Exchanges are looking to invest in data management platforms to underpin their operations, streamline the flow of corporate actions announcements and help monetise their data assets. Funds are looking towards cloud-based data warehouse solutions to manage data from all sources centrally and to address portfolio holdings disclosure and product dashboard requirements under the MySuper and Stronger Super regimes. All these factors bring a huge opportunity for us, and Ramesh’s hire will further boost our ability to service customers in our fastest growing region.” GoldenSource Appoints Ramesh Pulandaran LexisNexis® Risk Solutions, a global information solutions provider, and part of RELX has announced the appointment of Steve Elliot as Managing Director of its UK Business Services business unit. Steve joins LexisNexis Risk Solutions from resourcing and consultancy firm Huntswood, where he also served as managing director. He has 25 years’ experience providing financial crime and payment solutions to clients across financial services, gaming, utilities and payment firms. Steve has previously held executive roles in risk management in the UK and abroad, bringing with him a strong set of credentials, including chairman of the ABI Anti-Fraud committee, where he introduced an online, global anti-counterfeiting system, leading directly to the removal of several hundred million pounds of fraudulent and counterfeit product trade advertisements. Beyond this, he also has experience of chairing a variety of leading industry groups and has supported the development of global investigation and security standards. He was also Detective Inspector in the Royal Hong Kong Police force within the Commercial Crime Bureau, so brings the experience of on-the-ground law enforcement too. Steve joins the team with a clear mandate to drive strong domestic growth for LexisNexis Risk Solutions, and to maximise new opportunities for the business. He will be based in the firm’s UK office in Cardiff. Steve Elliot, Managing Director of LexisNexis® Risk Solutions Business Services UK said: “I know LexisNexis Risk Solutions well, having encountered the team repeatedly over the past several years both as a product buyer and, more recently, as a bid competitor. The company has always been one to embrace change, and with increasing interest in identity solutions growing, now is a unique time to join the firm. I look forward to seeing the UK team achieve new successes and continue to provide market-leading solutions to our customers.” RELX-owned LexisNexis Risk Solutions Appoints Steve Elliot as Managing Director of UK Business Services