RBS Veteran, Steve Briscoe, Lands at LCH.Clearnet Group

Former Royal Bank of Scotland (RBS) executive, Steve Briscoe, has been appointed as the newest Group Head of Technology and Operations at LCH.Clearnet Group, according to an LCH.Clearnet statement. In his newest role as the group head of technology and operations at LCH.Clearnet, Mr. Briscoe will focus on the group’s development in these divisions, along with the provision of IT and operations across the entirety of the LCH.Clearnet. Mr. Briscoe joins LCH.Clearnet after more than two decades of experience in the financial services industry, including most recently RBS. In this capacity, he served as its head of operations for the markets division for over five years.

Prior to landing at RBS, he worked at UBS AG in a number of leadership roles for over 15 years, including most recently as managing director in London. According to Suneel Bakhshi, CEO, LCH.Clearnet Group, in a recent statement on the appointment, “We are delighted to welcome Steve Briscoe to the Group. LCH.Clearnet is committed to improving ways of working, through innovation, efficiency and effectiveness; enabling us to build on our market leading position in Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term solutions.” “Steve has a strong track record of delivery from his previous roles and will work closely with the senior management team to further develop LCH.Clearnet’s technology and operations," added Bakhshi.