We sat down with Max Hayden to discuss personnel onboarding, business strategies and ITI's plans for the future
There have been big changes at ITI Capital in recent months. ITI Group acquired and merged Walbrook Capital Markets and Uralsib Securities to create ITI Capital in the latter stages of 2017.
Since then the firm has brought in new personnel and shifted its business strategy. Finance Magnates spoke with recently appointed CEO Max Hayden this week to discuss the firm’s plans for the future.
Hayden is not the only newcomer to ITI Capital. Since joining as CEO in October of last year, he has overseen a host of new executives joining the firm. To name just two, Richard McCall, formerly CEO of Sun Trading, has joined as Chief Operating Officer and Stephen Farrell, the former Head of the Equity Trading Desk at Liquidnet, is now ITI’s Director of Institutional Equity Sales and Trading.
The reshift in personnel reflects a broader change in business strategy. ITI is owned by Davinci Capital, an investment manager that focuses its efforts on Fintech firms.
“We’re looking to grow through acquisitions and new business lines,” said Hayden, “and while we forge ahead with those plans, we’ll have one eye on technology and look at what new services we can provide.”
Demonstrating its commitment to those plans, ITI has just signed a deal with Torstone. The partnership will see Torstone supporting ITI by providing it with post-trade services.
Into the black
While new personnel and a FinTech partnership are certainly positive moves, there is still work to do for ITI. The company’s most recent financial report, which admittedly reflects poorly on the company’s past owners rather than its current ones, shows it lost £5.04 million ($6.77 million) after tax last year.
How do you turn around those sorts of numbers? According to Hayden, the company has a number of plans in store that should help to rectify the situation. For starters, the firm will be providing prime brokerage services to institutional clients. Davinci Capital’s connections to Russian and Eurasian markets also offer the firm an avenue of pursuit.
“Access to the Russian markets for institutions and for sophisticated trading firms is an expected direction of travel for us” said Hayden, noting that demand for ITI’s services was strong in the region.
The Acquisition of Uralsib will help with these efforts. The UK-based broker-dealer has traditionally provided global clients with access to emerging markets and access to global markets for Russian and Eurasian clients.
With existing connections in the region, ITI will be targeting money managers and high net worth individuals as well.
“There’s a big demand from those clients to trade in western Europe,” said Hayden - one that ITI hopes to satisfy.
There have been big changes at ITI Capital in recent months. ITI Group acquired and merged Walbrook Capital Markets and Uralsib Securities to create ITI Capital in the latter stages of 2017.
Since then the firm has brought in new personnel and shifted its business strategy. Finance Magnates spoke with recently appointed CEO Max Hayden this week to discuss the firm’s plans for the future.
Hayden is not the only newcomer to ITI Capital. Since joining as CEO in October of last year, he has overseen a host of new executives joining the firm. To name just two, Richard McCall, formerly CEO of Sun Trading, has joined as Chief Operating Officer and Stephen Farrell, the former Head of the Equity Trading Desk at Liquidnet, is now ITI’s Director of Institutional Equity Sales and Trading.
The reshift in personnel reflects a broader change in business strategy. ITI is owned by Davinci Capital, an investment manager that focuses its efforts on Fintech firms.
“We’re looking to grow through acquisitions and new business lines,” said Hayden, “and while we forge ahead with those plans, we’ll have one eye on technology and look at what new services we can provide.”
Demonstrating its commitment to those plans, ITI has just signed a deal with Torstone. The partnership will see Torstone supporting ITI by providing it with post-trade services.
Into the black
While new personnel and a FinTech partnership are certainly positive moves, there is still work to do for ITI. The company’s most recent financial report, which admittedly reflects poorly on the company’s past owners rather than its current ones, shows it lost £5.04 million ($6.77 million) after tax last year.
How do you turn around those sorts of numbers? According to Hayden, the company has a number of plans in store that should help to rectify the situation. For starters, the firm will be providing prime brokerage services to institutional clients. Davinci Capital’s connections to Russian and Eurasian markets also offer the firm an avenue of pursuit.
“Access to the Russian markets for institutions and for sophisticated trading firms is an expected direction of travel for us” said Hayden, noting that demand for ITI’s services was strong in the region.
The Acquisition of Uralsib will help with these efforts. The UK-based broker-dealer has traditionally provided global clients with access to emerging markets and access to global markets for Russian and Eurasian clients.
With existing connections in the region, ITI will be targeting money managers and high net worth individuals as well.
“There’s a big demand from those clients to trade in western Europe,” said Hayden - one that ITI hopes to satisfy.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!