The SIX Digital Exchange (SDX) has hired Tim Grant as its new head of business to drive the organisation’s next phase of growth.
According to the exchange, Grant’s expertise in delivering and operating enterprise-grade distributed ledger solutions for financial services will be key in taking SDX into its next phase.
In his new role, Grant will drive the exchange’s aim of building the world’s first fully-regulated end-to-end distributed ledger technology (DLT)-based digital asset exchange.
Grant brings with him 20 years of experience in technology and management across institutional capital markets and enterprise blockchain businesses from his time serving senior positions in financial services.
He has previously worked as CEO of the R3 Lab and Research Centre and managing director at UBS O’Connor and UBS Investment Bank.
SDX noted that it is continuing to develop its fully integrated issuance, trading, settlement, and custody infrastructure for digital assets to serve financial institutions across global capital markets.
Thomas Zeeb, head securities and exchanges at SIX Group, and chairperson of SDX, said: “Grant has a comprehensive background in both the new and old worlds of capital markets innovation. This background is an essential prerequisite to successfully lead the development of SDX and to fulfil SIX’s growth ambition to build the financial ecosystem of the future.”
Grant added: “I am very excited to join the leadership team at SDX as they aim to launch the world’s first end-to-end digital exchange. The team has already made huge progress and I’m looking forward to contributing my experience and working with our institutional clients around the work to continue the growth and expansion of the next generation of financial market infrastructure.”
