Sunil Daswani leaves MarketAxess
19 August 2020 London
Image: Sunil Daswani
MarketAxess' head of securities finance solutions Sunil Daswani has left after just under two years with the global fintech firm.
Daswani joined its London office in to help lead the business development and strategy for MarketAxess and EquiLend鈥檚 joint solution for the 网爆吃瓜 Financing Transactions Regulation.
He was also a central figure in promoting MarketAxess鈥� unique transaction identifier portal which aims to solve one of SFTR's biggest challenges for buy-side members.
With SFTR now in effect, as of July, and the MarketAxess-EquiLend solution up and running, Daswani is understood to have left for a new position elsewhere.
Of the departure, Chris Smith, head of the post-trade business at MarketAxess, comments: 鈥淪unil joined us to develop and launch our comprehensive SFTR solution, and to prepare our clients for SFTR.
鈥淲ith that done and our launch successfully behind us, he鈥檚 decided it鈥檚 time for a new challenge.鈥�
Smith confirms that there are no immediate plans to fill the role left by Daswani.
鈥淲e鈥檙e sad to see him go, but delighted he鈥檚 found a great new role to go to and wish him all the best,鈥� he adds.
Prior to MarketAxess, Daswani was head of international securities lending for Northern Trust for just shy of 16 years up until March 2018.
His CV also includes a stint as chairman of the Pan-Asia 网爆吃瓜 Lending Association from 2004 to 2008. He has also held positions at Citi and UBS.
Daswani joined its London office in to help lead the business development and strategy for MarketAxess and EquiLend鈥檚 joint solution for the 网爆吃瓜 Financing Transactions Regulation.
He was also a central figure in promoting MarketAxess鈥� unique transaction identifier portal which aims to solve one of SFTR's biggest challenges for buy-side members.
With SFTR now in effect, as of July, and the MarketAxess-EquiLend solution up and running, Daswani is understood to have left for a new position elsewhere.
Of the departure, Chris Smith, head of the post-trade business at MarketAxess, comments: 鈥淪unil joined us to develop and launch our comprehensive SFTR solution, and to prepare our clients for SFTR.
鈥淲ith that done and our launch successfully behind us, he鈥檚 decided it鈥檚 time for a new challenge.鈥�
Smith confirms that there are no immediate plans to fill the role left by Daswani.
鈥淲e鈥檙e sad to see him go, but delighted he鈥檚 found a great new role to go to and wish him all the best,鈥� he adds.
Prior to MarketAxess, Daswani was head of international securities lending for Northern Trust for just shy of 16 years up until March 2018.
His CV also includes a stint as chairman of the Pan-Asia 网爆吃瓜 Lending Association from 2004 to 2008. He has also held positions at Citi and UBS.
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