Share page with AddThis

News

Digital exchange Archax appoints ops head

Crypto exchangeFormer CME executive Richard Shade has been named as head of operations at UK digital asset exchange and custodian Archax.

The appointment comes as Archax gears up for its forthcoming launch after securing approval from the Financial Conduct Authority (FCA) back in August.

Shade was most recently the head of custody at crypto exchange Bequant. Prior to that he was head of operations at CME Europe. He has also worked for NYSE Liffe and Bank of Tokyo Mitsubishi along with startup blockchain business UWINCorp.

“As we prepare to launch the first ever FCA regulated digital securities exchange, it is vital that we have the right operational team in place,” said Graham Rodford, Archax chief executive.

“With our regulated status and institutional focus, providing the highest levels of operational controls and processes is paramount.”

© 2021 funds europe

Most read features

Cryptocurrencies: Solving crypto’s sustainability problem

Cryptocurrencies like bitcoin have a huge carbon footprint but, as Nicholas Pratt discovers, environmentally friendly alternatives exist.

Roundtable: The digital transformation opportunity

The funds industry is looking at adopting new types of technology, from automation to ESG reporting, blockchain and tokenisation. A FundsTech roundtable in March explored how these will revolutionise the sector.

Proxy voting: Making every vote count

With stewardship more important than ever and digital technology to the fore, surely it is time to solve the problem of proxy voting? Nicholas Pratt investigates.

Interview: Rise of the robo-adviser

FundsTech talks to Nutmeg’s CTO, Matt Gatrell, about the role of technology in its online offering.

Regulation: Panel calls for simplicity in ESG reporting

The industry accepts the need for more rigour in ESG fund reporting, but the work will be pointless if investors don’t understand the end result. Nicholas Pratt reports.

Sponsored Profiles

Data consolidation takes centre stage in asset management M&A

MergersConsolidation between asset management firms is overwhelmingly expected to increase. Operational challenges remain thanks to legacy systems. But in a recent...

Are you being microserved?

As asset managers grapple with new digital technology, FundsTech talks to Calastone’s Adam Belding about the importance of software architecture and the benefits...

Sponsored profile: A question of trust

AcrobatsAs more firms adopt agile software development practices, Petra Roche of Metrosoft explains why trust is so important in making agility work.

Sponsored feature: Compliance and the case for agility

CheetahFundsTech talks to Janusz Lorenc, CEO of Metrosoft, about asset managers’ approach to compliance risk and the case for agile software development.