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Subbu to head securities finance engineering at Clear Street
18 March 2022 US
Reporter: Carmella Haswell

Image: Clear_Street
Clear Street has announced the appointment of Madhu Subbu to head of engineering, securities finance.

Subbu will lead Clear Street’s Securities Financing engineering team at the firm’s New York office.

Prior to Clear Street, Subbu was CEO of Enigmatch, working to automate over-the-counter markets through the use of combinatorial auction technology, a specific application of mathematical optimisation techniques.

He has also held engineering lead positions at Chainalysis and J.P. Morgan between 2018 and 2021.

Previously, he spent eight years at Credit Suisse where he entered the organisation as assistant vice president of applications architecture, before becoming engineering lead of collateral optimisation.

Additionally, Clear Street has expanded its engineering team further with the appointment of Emilio Schapira, who becomes engineering lead of clearing and custody, and infrastructure.

He will lead the clearing and custody, and Infrastructure teams after joining the firm from Waze, where he was engineering lead.

The engineering team at Clear Street is building out comprehensive real-time data tools for greater transparency.

The firm reports on a financial industry demand for third-party customisable solutions for diverse functions including trade, execution, financing, clearing, and custody.
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