Jerome Kemp appointed president at Baton Systems
28 September 2021 US
Image: Baton_Systems
Baton Systems appoints Jerome Kemp as president of the finance technology firm at its London office.
Kemp, the former global head of futures, clearing and FXPB at Citigroup, will lead Baton’s growth across markets and will work closely with Arjun Jayaram, the firm’s founder and CEO.
Kemp joins the business at a crucial time as demand for fully digital market infrastructures across the entire post-trade process accelerates, according to the company.
With 35 years of experience in scaling businesses in the cleared derivatives space, Kemp’s previous career with Citi as global head involved building the cleared derivatives business.
He was also chair of the Futures Industry Association (FIA) Board from 2018 to 2020, and prior to this Kemp spent 18 years at J.P. Morgan, where he rose to global co-head of the futures, options and OTC clearing business.
Commenting on the hire, Jayaram says: “Having a practitioner with Jerome’s calibre, experience and vision helping to drive Baton forward will prove invaluable as we scale to meet market needs. It will ensure we continue to place our clients at the very core of all we do.”
Kemp adds: “Baton is delivering today what I believe will become the new global standard for payments and settlements. Today, post-trade processing is slow, opaque, restrictive, and costly. Baton is allowing settlement participants to take control with automated workflows, access to real-time information, and on-demand settlement.”
Kemp, the former global head of futures, clearing and FXPB at Citigroup, will lead Baton’s growth across markets and will work closely with Arjun Jayaram, the firm’s founder and CEO.
Kemp joins the business at a crucial time as demand for fully digital market infrastructures across the entire post-trade process accelerates, according to the company.
With 35 years of experience in scaling businesses in the cleared derivatives space, Kemp’s previous career with Citi as global head involved building the cleared derivatives business.
He was also chair of the Futures Industry Association (FIA) Board from 2018 to 2020, and prior to this Kemp spent 18 years at J.P. Morgan, where he rose to global co-head of the futures, options and OTC clearing business.
Commenting on the hire, Jayaram says: “Having a practitioner with Jerome’s calibre, experience and vision helping to drive Baton forward will prove invaluable as we scale to meet market needs. It will ensure we continue to place our clients at the very core of all we do.”
Kemp adds: “Baton is delivering today what I believe will become the new global standard for payments and settlements. Today, post-trade processing is slow, opaque, restrictive, and costly. Baton is allowing settlement participants to take control with automated workflows, access to real-time information, and on-demand settlement.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
