Portlock Joins EBS

Mark Portlock has
joined EBS in Singapore as head of hedge fund sales.

He joins from
Commerzbank, where he was head of FX spot trading for Asia, also based in
Singapore.

Profit & Loss understands Portlock will report locally to
Simon Winn, head of sales, Asia, at EBS. Portlock and Winn worked together
briefly at Commerzbank in Singapore from Portlock’s appointment to the bank in
August 2011
, to Winn’s departure in July
2012
.

Santander Appoints Masters as Senior Blockchain
Advisor

Banco Santander has
appointed Blythe Masters, the CEO of Digital Asset Holdings, as the group’s new
group senior advisor on blockchain.

Masters will also join
Banco Santander’s international advisory board and the board of its
online-only bank, “Openbank,” once necessary approvals are final. In
order to take on these new roles, she has resigned from her previously held
position on the board of directors at Santander Consumer USA Holdings (SC).

“Blythe will bring her
expertise in banking, business and blockchain where it will have significant
impact to our digital bank, international advisory board and strategy
team. She has done an outstanding job for SC, and I’m looking forward to her
focusing on our global efforts in digital banking,” says Banco Santander
executive chairman, Ana Botín 

 

Wetjen Appointed to Board of Digital Commerce
Trade Association
 

The Chamber of Digital
Commerce, a trade association dedicated to promoting the understanding,
acceptance and use of digital assets and currencies, has appointed Mark Wetjen,
head of global public policy at the Depository Trust & Clearing Corporation
(DTCC) to its board of advisors.

In addition, DTCC has
joined the Chamber’s executive committee. Prior to DTCC, Wetjen served as
Commissioner at the US Commodity and Futures Trading Commission (CFTC).

“New technologies are creating tremendous opportunities to connect economies
around the world, make markets safer and more efficient and deliver services to
consumers in novel ways. In particular, distributed ledger technology offers
the industry a unique opportunity to drive targeted improvements to the
financial market infrastructures that underpin the global capital market,” says
Wetjen. “I am pleased to join the Chamber and look forward to collaborating
with the industry around fintech and blockchain strategies, which will be
important to any future re-architecting of the post-trade environment.”

DTCC says that it has
a focused blockchain strategy to ensure the firm capitalises on distributed
ledger opportunities in a measured, appropriate, safe and secure manner. It
also claims to have made “significant advancements” with a number of internal
business use cases and is currently working on several proof of concepts with
the industry, including initiatives related to repurchase agreements (repos)
and credit default swaps (CDS).

“We are excited to
have Mark bring his vast experience and knowledge of financial markets and
technology to our association and the board of advisors. Mark and the board
will help to shape the next chapter of financial services technology,” says
Perianne Boring, founder and president of the Chamber.

Colin Lambert

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