Thomas Murray recruits BNY Mellon CSD team 16 July 2015London Reporter: Stephanie Palmer
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Thomas Murray Advisory Services has confirmed it has hired three members of BNY Mellon’s central securities depository (CSD) team, in addition to former CEO Chris Prior-Willeard.
After BNY Mellon’s CSD project was put on hold, the team has moved to Thomas Murray to explore opportunities for the firm in the post-trade space.
Prior-Willeard is joined by An Mestdagh, who was head of business development at BNY Mellon CSD, product manager Bob Head, and Carl Janson, who was a product executive.
Tim Reucroft, director of research at Thomas Murray Advisory Services, said: " With the advent of T2S and CSDR, the dynamics of the CSD industry are changing rapidly.”
“This creates opportunities which we believe that Thomas Murray Advisory Services - as an independent provider - can seize to offer the market a new paradigm that challenges the historical alignments by providing a pan-European solution that captures both favourable cost benefits as well as meeting the new regulatory requirements."
Prior-Willeard added: “We are delighted to have the opportunity of continuing to work in the Financial Market Infrastructure sector during this very dynamic period. Thomas Murray Advisory Services is ideally positioned both as a trusted advisor and with many active relationships at all levels of the industry."
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