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  3. Nivaura appoints new CEO
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Nivaura appoints new CEO
02 August 2021 UK
Reporter: Maddie Saghir

Image: Scott Eaton
Capital markets fintech Nivaura has bolstered its team with the appointment of Scott Eaton as CEO.

Eaton brings three decades of experience in leadership roles in capital markets and financial technology.

Most recently, he served as CEO of Algomi from 2018 until its sale to BGC in 2020. Prior to this, he was a chief operating officer at MarketAxess Europe from 2015 to 2018.

Meanwhile, Avtar Sehra, founder of Nivaura, moves to the role of president and will focus on guiding the teams on intensifying its innovation and product development in capital markets automation technology.

According to Nivaura, this follows significant new partnerships and business wins in the last six months.

Sehra comments: “The board and I are thrilled that Scott Eaton is joining us. Nivaura has made a substantial leap forward this year, with our groundbreaking projects with LSEG and
DBS Bank.”

“As we exploit our growth opportunities to the full, I will be concentrating on accelerating innovation and our product roadmap, while Eaton takes the lead on running the day to day business and equipping us to scale up quickly.”

Eaton says: “The Nivaura team are true innovators, and they will continue furthering Nivaura’s track record of usable, cutting edge innovation in capital markets; which will be accelerated as Avtar now takes on this focused role.”

Eaton adds: “I look forward to working with him, the management team and the board to grow Nivaura internationally. As a former bond trader, I know how attractive the type of digitisation and automation that Nivaura can bring to primary markets will be to many banks, exchanges, and investors.”
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