FX Transparency (FXT), an independent provider of FX transaction cost analysis (TCA) to pension and endowment funds, asset managers and corporate treasurers, has hired Joe Conlan to lead its business development efforts.
“Joe has the FX domain and marketing expertise to manage the rapid growth we’re experiencing due to compliance mandates like MiFID II, PRIIPs, and the FX Global Code of Conduct,” says John Galanek, FXT’s CEO. “Our sophisticated and loyal client base continues to demand new ways to improve FX oversight and lower trading costs. Everything we build is client-driven, and we are lucky to have some of the brightest investors in the world as our clients.”
Conlan joins FXT with more than 25 years of foreign exchange experience, most recently as global head of sales for digital currency startup San Juan Mercantile Bank, which he joined in September 2019.
Prior to that, he ran the FX sales team at INTL FCStone for 11 years. Earlier in his career, Conlan helped migrate the CME’s FX futures from the exchange floor to the Globex platform and worked in senior FX sales roles for EBS, Cognotec, Integral and Currenex.
“FXT analytics delivers sophisticated data-mining tools as a complement – not a replacement – to our expert consultations where actionable directives are prescribed to help our clients reduce trading costs,” says Conlan. “Personal attention to each client has always been this company’s differentiator in the FX TCA space, and I will continue to build on that high level of service that our customers expect from us.”