Michael Baker joins MarketAxess 30 April 2019New York Reporter: Maddie Saghir
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Michael Baker has joined MarketAxess as CTO, effective immediately.
Reporting to Nick Themelis, Baker will have global responsibility for all software development, which will include strategy, architecture, development and deployment of the trading system.
This includes continuing to build innovative trading solutions, as well as supporting the firm’s internal architecture.
Most recently, Baker served as head of enterprise cloud computing at Fidelity Investments where he was responsible for Fidelity’s transformation to the cloud.
Baker also supported the development of cloud security, governance and operations, delivering over one hundred business applications across all of Fidelity’s business units.
Themelis commented: “Baker’s experience at both investor and market-making firms make him ideally suited to help support our global institutional buy- and sell-side client base. His knowledge gained from his more recent work on cloud computing will be a valuable contribution to MarketAxess’ development process.”
Commenting on his appointment, Baker said: “I’m thrilled to be joining a firm with such a solid track record of technological innovation.”
“MarketAxess is at the meeting point of the entire fixed income market, supporting the needs of all participants across the trading lifecycle. The technology that MarketAxess is developing is driving greater efficiency and automation in fixed income and I’m looking forward to being a part of that evolution.”
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