ESG Book Names RegTech Veteran Fitzpatrick as New Chief Executive

ESG Book has named Justin Fitzpatrick, the founder and executive of several UK-based RegTech companies, as its new chief executive replacing global sustainability leader Daniel Klier.

The Germany-based data and tech company, which made headlines in 2021 when it put a large part of its ESG database on a free-to-use platform, said Fitzpatrick has “deep expertise in scaling and accelerating growth in investor-backed software companies”.

This will benefit ESG Book’s “global expansion and deliver its future success as a leader in sustainability data and technology”, said Nazo Moosa, an advisory board member at the company.

ESG Book, which was founded in 2018, operates a SaaS-based platform that delivers data on more than 200,000 corporate disclosures worldwide. It is part of the Arabesque Group, which also operates an asset management business. Its free database was launched in December 2021 backed by an alliance of institutions, including HSBC and Deutsche Bank, to help corporates, investors and standard setters with their sustainability operations.

Partnerships

Fitzpatrick joins ESG Book from FullCircl, a RegTech software provider that he co-founded and where he was chief operating officer. Before that, he co-founded and headed RegTech research firm DueDil. He is also a founder and non-executive director of UK FinTech industry group Innovate Finance.

“This is a business extremely well positioned to meet the fast-growing need for sustainability solutions across capital markets,” Fitzpatrick said, adding that he would continue to expand ESG Book’s “partnerships with financial institutions, reduce the friction for corporates in meeting ESG disclosure requirements, and deliver market-leading analytics and tools to help our clients achieve their sustainability goals.”

He replaces Klier, who has become an ESG leader following high-profile appointments as global head of sustainable finance at HSBC, where he devised the bank’s net-zero target, and as chair of the Bank of England’s Climate Working Group. He sits on the boards of the global sustainability reporting standard GRI and the international organisation Sustainable Energy for All and recently took the chief executive role at climate consultancy South Pole.

AccessFintech Appoints Ex-JPM Data Leader Naveen as Product Chief

Financial markets data company AccessFintech has appointed Naveen TV as head of product to lead development of the UK-based company’s services on its Synergy data infrastructure.

Naveen joined the real-time data feed provider from JP Morgan, where he was global head of data strategy and AI. In a 12-year career at the global bank he collaborated with AccessFintech to build data networks with its brokers, agent banks and buy-side firms. Before that, he was a vice president at Goldman Sachs overseeing client onboarding, client relationship management and middle office operations.

AccessFintech’s Synergy platform uses real-time data and AI root-cause analysis to surface insights on derivatives, cash and loans markets. Its offerings include Synergy DataLake, which enables the industry to share data and optimise operations through collaboration. Synergy Network enhances data and workflows and underpins the transformation of operations using transaction lifecycle management and benchmarking insights from across the financial ecosystem.

Fenergo Strengthens EMEA Presence with Appointment of Ruth Ormsby as MD in the Region

Fenergo, a provider of know your customer (KYC), transaction monitoring and client lifecycle management (CLM) solutions, has bolstered its presence in EMEA with the appointment of Ruth Ormsby as managing director in the region. Based in London, Ormsby is tasked with strengthening Fenergo’s presence in the corporate and institutional banking sector as it seeks to adopt more robust controls for AML and KYC compliance, while driving operational efficiency gains.

Ormsby brings over 24 years of experience in building high-performance teams and working with large enterprise customers at board level to Fenergo. She joins from Salesforce, where she served as senior vice president of all industries in the UK and Ireland. Prior to that, Ormsby was managing director, head of strategy and growth for technology for UK and Ireland at Accenture. She previously held roles at Capgemini and Ernst & Young.

Rimes Relocates Global Head of Data Management Office to Manila

Rimes, a provider of enterprise data management and investment management solutions, has announced the relocation of Mark Sedgwick, global head of the firm’s data management office, to Manila in the Philippines. In addition to his existing position, Sedgwick will head up the growing Manila office. Rimes employs about 150 people in Manila and is looking to expand this number in line with increased business demand across its product range. The region is strategically important as it provides access to a pool of highly skilled talent in a time zone well positioned to support the company’s global operational support model.

Xceptor Names Keith Man as General Manager of APAC Business

Xceptor, supplier of an intelligent automation platform for financial markets, has named Keith Man as general manager of its Asia-Pacific business based in Singapore. The appointment underscores Xceptor’s continued investment and growth in the APAC region. Man will play a role in driving client success, as well as strategic partnerships and alliances in the region. He will also be responsible for expanding Xceptor’s sales, business development and operations, and advances into new markets and segments.

Man has expertise in the capital markets space and extensive experience in the APAC region. He was most recently head of APAC at Duco and has also held senior roles at Standard Chartered Bank and TriOptima (now OSTTRA).

NeoXam Appoints Lead for EMEA West with Aim to Build Presence in the Region

NeoXam has appointed Charles Sayac, former global head of sales at European asset manager Amundi Technology, as managing director of EMEA West in a bid to build the company’s presence in the region. Sayac will lead operations from NeoXam’s Paris headquarters and play a pivotal role in consolidating the company’s footprint in EMEA. He brings over 15 years of experience operating in the financial software industry to NeoXam, having held senior roles at WeSave, a fintech acquired by Amundi, in parallel to his role at Amundi Technology, as well as tenure at Vermeg, the banking and insurance software company.

Sayac’s appointment follows NeoXam’s announcement that Matthew Greninger had joined the firm as managing director, Americas. Both additions are part of the company’s strategic aim to grow worldwide presence, and both Sayac and Greninger have joined NeoXam’s executive committee.

NeoXam Names Matthew Greninger as Managing Director of Americas Region

NeoXam, a provider of data management, reporting, portfolio management and valuation software, has named Matthew Greninger, former head of sales for the Americas at Duco, as managing director of its Americas region operating out of the company’s NeoXam’s New York City office.

Under the global management of NeoXam CEO Florent Fabre, Greninger will join the company’s group executive committee, along with other regional heads. He will be responsible for overseeing profit and loss management and go-to-market initiatives for the Americas region by leading the local team, managing client accounts, increasing partnerships, and strengthening NeoXam’s local reputation.

Frank Slootman Steps Down as Snowflake CEO, AI Lead Sridhar Ramaswamy Steps Up

Snowflake CEO Frank Slootman has decided to retire and will be replaced by Sridhar Ramaswamy as CEO and member of the board of directors effective immediately. Ramaswamy previously held the position of senior vice president of AI at Snowflake. Slootman will continue to serve as chairman of the board.

Since joining Snowflake in May 2023 with the company’s acquisition of Neeva, an early private AI powered search engine, Ramaswamy has led the company’s AI strategy, including the release of Snowflake Cortex, the company’s fully managed service that makes AI simple and secure for users to quickly drive business value.

Prior to joining Snowflake, Ramaswamy co-founded Neeva in 2019. Previously, he led Google’s advertising products and held research positions at Bell Labs, Lucent Technologies, and Bell Communications Research (Bellcore). He was a venture partner at Greylock Partners from October 2018 until recently and sits on the board of trustees at Brown University.

He comments: “In the past 12 years, Frank and the entire team have established Snowflake as the leading cloud data platform that is providing enterprises with the secure, scalable and cost-effective data foundation and cutting-edge AI building blocks they need to build for the future. I am honored to have been chosen to lead the company into its next chapter of growth. We have an enormous opportunity ahead to help all customers leverage AI to deliver massive business value. My focus will be on accelerating our ability to bring innovation to our customers and partners.”

Tamr Promotes Anthony Deighton to CEO

Tamr, a provider of AI-powered data products, has promoted Anthony Deighton to the post of CEO, he will also join the board of directors. Deighton succeeds Andy Palmer, who has led the company’s growth as Tamr co-founder and CEO since its founding a decade ago. Palmer will remain on Tamr’s board as executive chairperson and co-founder.

Deighton has been at the company for nearly four years and has held key roles in data products. He also has previous executive leadership experience at companies including Qlik and Celonis. In his role as Tamr CEO, Deighton will challenge the traditional master data management (MDM) platform market. He says: “We aim to fulfill the promise MDM has struggled to achieve for years, providing golden records as the engine for our customers’ business success.”

Rimes Names Olrick-Anselme Olenga Disashi as Global Head of Client Managed Services

Rimes has announced the appointment of Olrick-Anselme Olenga Disashi as global head of client managed services. He joined the company in December 2023 and oversees all aspects of client management and operational functions including client satisfaction strategy, solution delivery, service performance and optimisation frameworks, governance and control improvements, strategic decisions and day-to-day feed distribution management across benchmark, ETF and regulatory data services.

Before joining Rimes, Olenga Disashi was global head of client services at S&P Global. He previously held senior client-facing roles at IHS Markit, which was acquired by S&P Global in March 2022.

He comments: “Rimes has ambitious growth plans underpinned by a commitment to provide premium managed service solutions. Huge progress has already been made, and I am pleased to be an integral part of the forward-thinking leadership team.”