Capitolis has made three senior hires as it looks to continue expanding its novation business.
Paul Perdoni and Sam Grant joined the firm in December, with the former focusing on EMEA strategic accounts and the latter on EMEA buy side sales. In addition, Ralitza Fortunova will join Capitolis in February 2019, taking on the role of managing US strategic accounts. Perdoni and Grant are based in London, while Fortunova will be based in New York.
Prior to joining Capitolis, Perdoni managed the strategic account sales team at Traiana for eight years, and spent over 17 years with Thomson Reuters in a variety of roles, including account director. He started his career in financial services by working at Banco do Brasil as a junior dealer between 1989 to 1992.
Grant joins Capitolis from FXall, where he worked in sales for just under six years. He has also had stints working at AFEX, World First and Caerus Capital Group.
Fortunova will arrive at the firm after five years at BNP Paribas, where she held roles in FX sales, most recently as managing director for FX flow sales. Prior to joining the French bank in 2013, Fortunova worked in FX e-sales at Nomura for almost four years, spent over five years in sales roles at JP Morgan and two years at GFI working in FX e-commerce business development.
Capitolis launched last year with the aim of building new products and services to address capital market constraints, initially in equities and FX. The firm brought to market its FX novation service, Capitolis Novation, which offers the buy and sell side a service to reduce their notional exposures in FX through automating the novation of contracts.