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16 December 2015
New York
Reporter Drew Nicol

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Blockchain creator poaches SunGard and SWIFT execs

Blockchain tech developer Digital Asset Holdings has added Cristóbal Conde and Chris Church to its board and management team.

Conde is set to become non-executive board director while Church joined as the chief business development officer.

Conde was previously president and CEO of SunGard, while Church has served as chief executive for the Americas and global head of securities at SWIFT.

“The financial services industry is undergoing a period of technological and regulatory change and it is more important than ever to have veteran leaders with diverse experiences to help drive innovation,” said Blythe Masters, CEO of Digital Asset in the press release.

“With more than 50 years of combined experience in the financial and technology sectors, Cristóbal Conde and Chris Conde have a deep understanding not only of the marketplace but of what we are building and they will be invaluable to our continued growth.”

Digital Asset builds distributed, encrypted straight-through processing tools.

Blockstack aims to provide financial institutions back-office operations, including clearing and settlement on a private blockchain.

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