Top Hedge Fund News, Member Posts, Hedge Fund Daily Indices and more!

3yrs ago Hedge Fund hedgeweek Views: 354

CLS appoints Thomas Barkhuff as Chief Information Officer

Submitted 11/05/2020 - 9:13am

CLS, a market infrastructure group delivering settlement, processing and data solutions, has appointed Thomas Barkhuff as Chief Information Officer. 

Barkhuff, who will report to Chief Executive Officer Marc Bayle de Jessé and serve as a member of the Executive Management Committee, will oversee CLS’s technology and information security strategy and operations. He will be responsible for ensuring the continued delivery of stable, resilient and effective IT services, applications and infrastructure, commensurate with CLS’s role as a systemically important financial market infrastructure. He will also play a central role in supporting CLS’s efforts to continue delivering market-wide solutions that provide transparency, mitigate risk and enable business growth for the FX market.

 
Barkhuff joins CLS from IT and business consulting services firm CGI, where he was Chief Technology Officer of the Finance and Insurance Group, responsible for leading the global software engineering team and overseeing numerous finance and insurance products. In his nearly 30 years of working in financial services, he has held two Chief Information Officer roles at TD Bank Group, including Chief Information Officer for the US bank. Previously he was a Senior Technology Executive for Bank of America.
 
Marc Bayle de Jessé, Chief Executive Officer, CLS, says: “Tom’s appointment is of critical importance to CLS. A robust technology platform has always been at the core of CLS, both for our settlement services and now CLSNet, the first global FX market enterprise application running on blockchain in production. Tom will oversee the continued implementation of CLS’s multi-year program to deliver a single platform supporting CLSSettlement, CLSNow and CLSClearedFX as well as the further development of CLSNet.”

Barkhuff adds: “As the FX market continues to undergo structural and regulatory change, technology plays a crucial role in the evolution of market infrastructures. CLS has successfully adopted existing and new technologies to bring innovative solutions to the FX industry in settlement, processing and data. In partnership with the Technology division, I look forward to further developing our infrastructure to support our clients and the market.”

Tags Moves & Appointments

Today's Hedge Fund Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.