Tag: Capitolis

Capitolis

Auradkar Joins Capitolis

Capitolis has announced the appointment of Rahul Auradkar as its chief product officer. In this role, Auradkar will lead Capitolis’ product development efforts globally and is the latest addition to the company’s growing executive management team. His move is the latest in a career in the software industry that includes a track record of building […]

Grushka Joins Capitolis Board

Capitolis has unveiled the appointment of Rony Grushka to its board of directors. he will also serve as an advisor to the executive team on strategic initiatives. Grushka is perhaps best known for his role as a co-founder of Markit Group where he played a significant role in building it into one of the world’s […]

Capitolis Bolsters Management Team

Capitolis hired Amos Arev as vice president of engineering, and appointed Igor Teleshevsky as executive vice president and head of professional services, and Illit Geller as chief business development officer. “We’re thrilled to have an incredible team of leaders who are passionate about delivering a groundbreaking technology platform to our clients and making markets safer […]

Follow the Money

Last year saw a number of investments in fintech firms offering FX technology. Galen Stops takes a look at the rationale behind this trend and examines the broader investment landscape. The more eagle-eyed Profit & Loss reader will have noticed that there was a distinct spate of investment deals involving FX-focused fintech firms in the […]

Capitolis Secures $40m Investment

Capitolis has raised $40 million as it completes its Series B round of funding, which was led by Spark Capital and SVB Capital. Existing investors, Index Ventures, Sequoia Capital and S Capital also participated in the round, bringing the total capital raised to date to $70 million. Capitolis says that this latest funding will support […]

Capitolis Hires Zall

Capitolis has announced a strategic hire to its executive leadership team with Jessica Zall joining as vice president and head of marketing. In this newly created role, Zall will be based in New York and report to Gil Mandelzis, CEO and founder of Capitolis and she joins, the firms says, a time of “significant growth”. In her role Zall will drive the overall marketing and brand strategy […]

Capitolis Taps Molluso for CFO Role

Capitolis has appointed Joseph Molluso as its new CFO. Based in New York, Molluso will start at Capitolis in October will report directly to the firm’s CEO and founder, Gil Mandelzis. Prior to this latest appointment, Molluso spent the past six years as executive vice president and CFO at Virtu Financial, where he was a […]

Klug Promoted to President at Capitolis

Justin Klug has been appointed president of Capitolis, having most recently served as chief operating officer of the company. Klug has served on the Capitolis leadership team for the past two years, having joined from his role as managing director at Credit Suisse where he led the US rates structuring team and was responsible for […]

Capitolis Targets Finance Solution with von Hoerl Hire

Capitolis has appointed Shervyn von Hoerl as head of investor solutions, he will focus on the Capitolis Finance product suite, due for launch later this year and will help drive the development of new solutions in partnership with clients and investors as Capitolis builds new products and services to address capital market constraints. von Hoerl was […]

Capitolis Adds Firms to FX Novation Service

Capitolis, a technology provider for the capital markets, announces today that the number of participants on Capitolis Novation has grown to more than 20 bank and non-bank customers. As well as previously announced Citi, HSBC, BlueCrest and Brevan Howard, other market participants including Deutsche Bank, Standard Chartered, Nomura and Societe Generale are collaborating with Capitolis on the service, which Capitolis says is the first of its kind in FX. The platform is now fully live and processing the novation of FX options contracts amongst multiple participants. Additional functionalities and other balance sheet reduction models are currently being tested and rolled out including bilateral option novation and forwards and swaps novation.