EuroCCP has appointed David Hatton as chief technology officer, effective 20 May 2019.
Reporting to Cécile Nagel, EuroCCP’s CEO, Hatton will be responsible for setting the firm’s IT strategy and managing its IT function across infrastructure, application development and support.
Hatton will replace Albert-Jan Huizing, who has decided to step down at the end of June 2019 having worked at EuroCCP since its formation in 2007.
He brings more than 25 years financial services technology experience having worked in London, Frankfurt, Paris and Geneva.
Most recently, Hatton was a product owner for the foreign exchange option migration project at Commerzbank AG.
In 2014, Hatton was appointed head of IT for CDSClear where he led the technical aspects of their transformation programme and had overall responsibility for IT strategy, run and change.
Hatton joined LCH in 2011 and helped build and launch their foreign exchange clearing service, ForexClear.
Commenting on the appointment, Nagel said: “I am delighted that David Hatton has chosen to join EuroCCP. As we continue to develop our business, we need to understand how existing and new technology can help support our growth and bring efficiencies to our clients.”
She added: “Albert-Jan Huizing has been integral to the development and success of EuroCCP since it was launched more than 10 years ago, helping turn the business into one of Europe’s leading market infrastructures. His contribution and counsel will be missed.”
