oneZero Appoints Fraser McHardy as its Chief Financial Officer

oneZero Financial Systems announced this Tuesday that it has recruited Fraser McHardy, who has joined the financial services technology provider as its Chief Financial Officer (CFO).

McHardy joins OneZero, which provides multi-asset enterprise financial services technology solutions, with almost two decades of experience in the financial industry, having most recently been the CFO for the Global Markets, Global Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and CRD business units, which included the FX technology platforms Currenex and FX Connect, at State Street Corporation.

Commenting on the appointment, Andrew Ralich, CEO and co-founder of oneZero said in the statement: “We are excited to be extending the expertise of our leadership team with the addition of Fraser. With our company’s continuing growth, adding an experienced CFO with industry experience to support our organization was a natural evolution.”

Overall, McHardy spent almost nine years at State Street, having also held the role of Vice President - North America FP&A for State Street Advisors, as well as Vice President, SSGA Finance - Head of Global FP&A.

Earlier in his career, he held senior positions at a number of other financial institutions, including being the Vice President of Financial Planning Analysis at BNY Mellon Wealth Management and a Senior Analyst at the Bank of Scotland.

Speaking on his new role, McHardy added in the statement: “oneZero has a best-in-class technology solution coupled with a client service focus that has delivered an enviable level of growth. I am very excited to join a world-class team and support the next phase of growth and success in the years ahead.”

oneZero continues to expand 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 ecosystem

In recent months oneZero has been actively expanding its liquidity ecosystem. As Finance Magnates reported, the likes of dxFeed, GCEX and Equiti Capital, to name a few, have partnered with the company.

The oneZero Ecosystem is a distribution channel of multi-asset class liquidity. It encompasses over 200 participants, including banks, brokerages, and various hedge funds. It is the largest global network of multi-asset class liquidity and a highly progressive model both in terms of software and the access it provides to a broad list of derivative products.