ICAP has appointed Stuart Connolly to the newly created role of head of client product development for the post-trade risk and information (PTRI) business, effective immediately.
Based in London, Connolly will focus on using data to develop client services and building new data services to work with the existing PTRI business.
He joins from Goldman Sachs, where he was head of derivatives clearing services for Europe, the Middle East and Africa, responsible for the over-the-counter credit and rates franchise. He has also worked in various leadership roles in the derivatives clearing and prime brokerage businesses at Goldman Sachs.
In his new role, Connolly reports to Jenny Knott, CEO of the PTRI business at ICAP.
Knott said: “Across the PTRI portfolio we have a tremendous amount of enriched data that could provide significant value to our clients.”
“I am delighted to have Stuart Connolly join the team, and with his experience and deep understanding of the transaction lifecycle and post-trade landscape, I strongly believe he will play a pivotal role in identifying the growth opportunities across PTRI.”
