Fabian Vandenreydt has been named head of securities and treasury markets at Swift.
He will report to Gottfried Leibbrandt, head of marketing. In his new role, Vandenreydt will work closely with Chris Church, global head of securities at Swift, to support the overall growth of the securities business at the cooperative. In this capacity, he will focus on the development and delivery of value-added solutions to investment managers, brokers, central securities depositories (CSDs) and asset servicers. Fabian will also look at expanding Swift's scope in trade matching, in the areas of FX, equities, fixed income and commodities. In addition, he will lead initiatives targeted at the reference data space.
Vandenreydt brings 20 years' experience in securities and financial technology to his new role at Swift, where he was previously head of product management. He joined Swift in 2004 from the consultancy Capco, where he was involved in large front-to-back automation programmes in the various securities areas. His professional experience also includes work at Euroclear, where he led product management for communications services.
"The securities market is a very strategic and active area for Swift," said Gottfried Leibbrandt. "Fabian's understanding of the global securities market coupled with his extensive Swift background make him a perfect fit to lead a team that will deliver new levels of value to the securities industry."
Separately, Swift recently named Brett Lancaster as managing director, securities initiatives, Americas. Lancaster joins from The Depository Trust & Clearing Corporation (DTCC) where he was vice president of the Global Corporate Actions business unit.
In his new role at Swift, Lancaster has responsibility for driving securities initiatives in the Americas, such as corporate actions, collateral management and electronic trade confirmation messaging solutions. He is a member of the Swift Americas management team and will report to Chris Church, Chief Executive, Americas and Global Head of Securities, SWIFT. Brett is based in Swift's New York office.
Commenting on Lancaster's appointment, Chris Church said: "The Americas is a strategically important market for Swift in securities. Adding Brett to the team and leveraging his industry expertise will benefit the community as we continue driving initiatives that reduce costs and risks for the industry."