IHS Markit continues SFTR team growth
10 October 2019 London
Image: Shutterstock
IHS Markit’s recruitment drive for its Íø±¬³Ô¹Ï Financing Transactions Regulation (SFTR) team has continued with two further appointments.
The data and technology provider this week welcomed Rashid Ali as director and lead business analyst for STFR and Que-Phuong Dufournet as director, SFTR regulatory affairs, shortly after bringing back .
All three will report to Pierre Khemdoudi, managing director and global co-head of equities, data and analytics at IHS Markit.
In his new role, Ali will manage the business analyst function for the firm’s SFTR reporting solution.
Ali brings nearly 15 years of securities finance expertise. Most recently, he worked as a lead business analyst at State Street, with a focus on SFTR.
Prior to State Street, Ali held roles as a business analyst at Deutsche Bank, Merrill Lynch, BEA Systems and UBS.
Meanwhile, Dufournet offers 20 years of data management and risk and regulatory compliance experience. At IHS Markit, she will be based in Paris to manage IHS Markit’s relationships with regulators on SFTR and other regulations.
Dufournet was also focused on SFTR in her last role at Morgan Stanley and has previously served at EY, HSBC (Hong-Kong, London) and Commerzbank, among other firms.
Commenting on the hies, Khemdoudi said: “IHS Markit is delighted to welcome Rashid Ali and Que-Phuong Dufournet to the SFTR team, as we welcome Stuart Day back to the team he helped us build.â€
“Ali, Dufournet and Day bring an enormous level of senior talent to our 60-plus clients in this space, and this will further enable the success of our best-in-class SFTR reporting solution.â€
SFTR is due to come into legal force in April 2020 and will require banks and investment firms to report their securities finance transactions to a registered trade repository for the first time.
For its SFTR solution, IHS Markit is partnered with Pirum Systems, a provider of centralised reconciliation services for financial market participants, to offer a fully-hosted data and end-to-end reporting solution for SFTs.
The data and technology provider this week welcomed Rashid Ali as director and lead business analyst for STFR and Que-Phuong Dufournet as director, SFTR regulatory affairs, shortly after bringing back .
All three will report to Pierre Khemdoudi, managing director and global co-head of equities, data and analytics at IHS Markit.
In his new role, Ali will manage the business analyst function for the firm’s SFTR reporting solution.
Ali brings nearly 15 years of securities finance expertise. Most recently, he worked as a lead business analyst at State Street, with a focus on SFTR.
Prior to State Street, Ali held roles as a business analyst at Deutsche Bank, Merrill Lynch, BEA Systems and UBS.
Meanwhile, Dufournet offers 20 years of data management and risk and regulatory compliance experience. At IHS Markit, she will be based in Paris to manage IHS Markit’s relationships with regulators on SFTR and other regulations.
Dufournet was also focused on SFTR in her last role at Morgan Stanley and has previously served at EY, HSBC (Hong-Kong, London) and Commerzbank, among other firms.
Commenting on the hies, Khemdoudi said: “IHS Markit is delighted to welcome Rashid Ali and Que-Phuong Dufournet to the SFTR team, as we welcome Stuart Day back to the team he helped us build.â€
“Ali, Dufournet and Day bring an enormous level of senior talent to our 60-plus clients in this space, and this will further enable the success of our best-in-class SFTR reporting solution.â€
SFTR is due to come into legal force in April 2020 and will require banks and investment firms to report their securities finance transactions to a registered trade repository for the first time.
For its SFTR solution, IHS Markit is partnered with Pirum Systems, a provider of centralised reconciliation services for financial market participants, to offer a fully-hosted data and end-to-end reporting solution for SFTs.
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