EXCLUSIVE: REGIS-TR's growth spurt continues with a new head of business development
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EXCLUSIVE: REGIS-TR's growth spurt continues with a new head of business development 07 February 2020London Reporter: Drew Nicol
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REGIS-TR has promoted Nick Bruce to vice president, head of business development as part of its ongoing recruitment drive.
Bruce (pictured) has served as a business development manager (BDM) for the European trade repository since September on a consultancy basis, but will now be employed on a permanent basis from 1 March.
Before REGIS, Bruce had served as head of business development, sovereigns, at HSBC Securities Services for 15 years from 2004. He also brings experience from senior client-facing roles at State Street and Deutsche Bank Securities.
Bruce's immediate focus will be on the Securities Financing Transactions Regulation, due to come into force in April, as well as looking into portability for the European Market Infrastructure Regulation and ways to further develop partnerships with leading market intermediaries.
A spokesperson for REGIS tells SLT that Bruce will work closely with Tomas Bremin on the product management side “so as to champion client-driven product innovation and ensure that we remain competitive in all aspects of service delivery”.
Bruce was initially brought on to fill the gap left by the departure of Fabian Klar, who left his role in business development in April 2019 to take on a role at deltaconX.
In his new position, Bruce will continue to oversee REGIS’ sales and relationship management team, including Lucija Basic, who joined the Frankfurt team in December 2019. He is also responsible for Nishith Nirav, who also recently shifted from a temporary to full-time basis in his business development officer role.
Bruce, based in London, will report to John Kernan, REGIS’ head of product management.
“During the short time that Nick has been working in the BDM role, his experience in business development and his industry network has already proved to be a huge asset,” says Kernan. “Nick’s permanent appointment in this role is indicative of the huge amount of potential growth we both see in this space once the regulatory reporting environment stabilises.”
Elsewhere, REGIS is also looking to build out its technical writer team, among other areas.
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