Thomas Murray recruits BNY Mellon CSD team
16 July 2015 London
Image: Shutterstock
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."
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."
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
