Goldman Sachs Appoints Tech Veteran Matt Kilsby as Managing Director

Technology veteran, Matt Kilsby, has joined Goldman Sachs as a managing director. This is the latest big appointment to the investment bank’s equities technology team.

The new role at the American bank seems to have pulled Kilsby out of semi-retirement. His most recent role was Non-Executive Director at Systematica Investments, a multi-strategy spin-off of BlueCrest Capital Management. He has held the position since July 2017. Before that, he was the Chief Operating Officer and Chief Technology Officer for the company from January 2015 to July 2017.

Kilsby is not joining Goldman Sachs for the first time. In fact, Gilsby started his career with the bank in 1996 until 2005. During his time at the bank, he held a variety of roles regarding technology, including risk, wealth management, and fixed income trading. His most recent position before he left the bank was VP of FICC Electronic Trading.

In 2005, Kilsby left the bank to join Citadel. Here he was the head of European technology. Kilsby’s career has featured both positions at start-ups and Wall Street banks. In 2009 he worked at a high-frequency trading Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term. He worked at the company for a year as the head of business strategy and technology leadership.

Following this, he moved to UBS where he was the managing director for Europe, the Middle East, and Africa equities IT. He held this position for two years and four months, before leaving to join BlueCrest Capital Management.

Goldman Sachs is strengthening its e-trading capabilities

The appointment of Kilsby comes at a time when the US-based bank is strengthening its electronic trading services. As a result, in October last year, Mike Blum was appointed as the CTO for electronic trading. Blum previously worked at KCG Holdings, a financial firm that provides Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term to global markets. At KCG he was the CTO as well. He has also been the CTO at Teza Technologies and a managing director at UBS.