Spectrum Markets appoints Rempel to head of risk
28 October 2022 Germany
Image: Spectrum_Markets
Frankfurt-based trading venue for securitised derivatives Spectrum Markets has appointed Ilja Rempel as head of risk.
Rempel will oversee and develop key risk management control functions, maintaining the local risk strategy, as well as monitoring and promoting all aspects of the risk control environment. He will report to Dr. Alpay Soytürk, chief regulatory officer.
He joins Spectrum Markets with extensive experience in the investment and finance industry, with a focus on financial sector regulation and risk management.
Prior to this role, Rempel was risk manager at Julius Baer after four years in risk control at UBS Europe SE.
Commenting on the hire, CEO of Spectrum Markets Nicky Maan says: “We are certain that Ilja Rempel, with his comprehensive expertise in the risk area, will further advance our business in Germany.
“This will ensure that our open system, which provides private investors with a wide range of products, transparent control and stability when trading securitised derivatives through their brokers, always meets all regulatory and risk requirements so that we can continue to grow at this high pace.”
Rempel adds: “Regulatory challenges are constantly increasing, but the introduction of 24/5 turbo trading for cryptocurrencies at the beginning of May alone, as the first European trading venue, shows how far Spectrum has come.”
Rempel will oversee and develop key risk management control functions, maintaining the local risk strategy, as well as monitoring and promoting all aspects of the risk control environment. He will report to Dr. Alpay Soytürk, chief regulatory officer.
He joins Spectrum Markets with extensive experience in the investment and finance industry, with a focus on financial sector regulation and risk management.
Prior to this role, Rempel was risk manager at Julius Baer after four years in risk control at UBS Europe SE.
Commenting on the hire, CEO of Spectrum Markets Nicky Maan says: “We are certain that Ilja Rempel, with his comprehensive expertise in the risk area, will further advance our business in Germany.
“This will ensure that our open system, which provides private investors with a wide range of products, transparent control and stability when trading securitised derivatives through their brokers, always meets all regulatory and risk requirements so that we can continue to grow at this high pace.”
Rempel adds: “Regulatory challenges are constantly increasing, but the introduction of 24/5 turbo trading for cryptocurrencies at the beginning of May alone, as the first European trading venue, shows how far Spectrum has come.”
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