FIA announced that it has made a few changes to its Board of Directors.
Recently announced at the annual general meeting and shared in a press release with Finance Magnates, FIA, a new UK subsidiary focusing on Research and Development, proclaimed that it has appointed two new directors, Adam Cohen, who has been serving Société Générale as its Head of Prime Services Sales Americas & Equities Linear Sales Americas, and Tim Gills, previously at Wells Fargo Securities, to the Board.
Additionally, the Chairman, Nicholas Rustad who was approved last year for a two year period, will continue in his role.
Other positions that were re-allocated include the following: Alicia Crighton, Goldman Sachs & Co. as Vice-Chair, Eric Aldous, RBC Capital Markets as Treasurer, Najib Lamhaouar, HSBC Securities (USA) Inc. as Secretary.
Moreover, the rest of the directors were selected for the period of two years, consisting of the Primary Member Directors: Paul Anderson, Deutsche Bank AG, William Black, Credit Suisse Securities (USA) LLC, Adam Cohen, Société Générale Corporate & Investment Banking, Alicia Crighton, Goldman, Sachs & Co. LLC, Jan Bart de Boer, ABN AMRO Clearing Bank N.V., Tom Gillis, Wells Fargo Securities LLC, Thomas R. Kadlec, ADM Investor Services, Inc., Jason Swankoski, Morgan Stanley.
Associate Member Directors: Clive Christison, BP Products North America Inc., Kari Larsen, Perkins Coie LLP.
At-Large Member Directors: John Murphy, Mizuho Securities USA LLC, Jamila Piracci, Patomak Global Partners.
New London Premises
FIA Tech, based in the US, is a provider of financial software that focuses on regulatory challenges business. This covers a vast range of areas, such as operator, an online platform, operational efficiency, integrate, cloud-base system, compliance and reference datum solution, exchange, broker, clearer, client, end, payment, settlement, reconciliation, market participant, risk, operational cost and regulatory challenge.
Recently, FIA expanded its presence and have located new premises in Paddington, London. This is the organisation’s fourth office to date and its maiden branch outside the US. Also, it broadcasted that ten clearing firms made an investment of $44 million, funding the global technology provider’s strategic growth. By investing this investment into its existing range of products and launching radical solutions, it can advance the market infrastructure across the listed and cleared derivatives industry.