FinOptSys welcomes Petrie as sales channel partner
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FinOptSys welcomes Petrie as sales channel partner 13 January 2023US Reporter: Carmella Haswell
Image: FinOptSys
FinOptSys, a securities finance platform powering peer-to-peer trading, has onboarded David Petrie as advisor and business development partner.
Petrie, managing partner at 4M Group LLC, has become a sales channel partner in the US for FinOptSys.
In this role, Petrie will use his experience in collateral lending, liquidity management and investment portfolio ecosystems to accelerate FinOptSys’ solutions into banks, beneficial owners and buy-side clients.
During his career, Petrie managed and owned global market risks and earnings across bank investment and liquidity portfolios, asset-liability management (ALM) and global USD repo trading desks, to name a few.
Previously, Petrie held a number of senior positions during his seven-year term at Deutsche Bank — including co-head of ALM, interest rate risk in the banking book (IRRBB) and balance sheet management — and 13-year term at Barclays, where he was formerly director and head of USD global macro portfolio management.
Commenting on the announcement, FinOptSys founder and CEO Divyesh Bhakta says: “Understanding our clients’ needs from a market practitioner’s standpoint has always been a core value for FinOptSys.
“Partnering with an experienced industry veteran like David is not only a testament to this, but it also aligns with our collective passion for empowering the collateral financing ecosystem of stakeholders to promote the adoption of extraordinary innovation.”
Petrie adds: “I am delighted to join forces with FinOptSys as we empower market participants to accelerate adoption of the FinOptSys platform solutions, which unlock synergies across balance sheet management activities and optimisation strategies.
“We are partnering with clients in providing enterprise-wide collateral liquidity spectrum transparency and higher velocity balance sheet turnover, while reducing expensive capital impacts across borrowing and lending activities.”
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Image: FinOptSys 