Baton Systems appoints Griffiths as director of EMEA sales
08 November 2022 UK
Image: Baton_Systems
Global fintech Baton Systems has appointed Alistair Griffiths as director of EMEA sales.
Based in London, Griffiths will focus on new business acquisitions across all Baton solutions in the region. He will report to Baton Systems’ global head of sales Alex Knight.
He brings vast experience of the industry to the role, having worked for a number of large firms including BNY Mellon, BlackRock and UBS. Griffiths will also harness his in-depth knowledge from a buy- and sell-side perspective within the securities finance and derivatives space.
Griffiths joins Baton Systems from FIS Global, where he was previously senior sales executive of post-trade solutions. At FIS, Griffiths led sales for the UK, Channel Islands and the Netherlands.
At BNY Mellon, where Griffiths held an eight-year term as vice president and relationship manager, he developed his expertise in collateral management, sourcing and growing the firm’s triparty collateral management activity across the global market.
The appointment comes as Baton Systems focuses on reducing settlement risk and increasing available liquidity and funding by extending its Core-FX solution across additional currencies and counterparties.
Commenting on the appointment, Knight says: “Alistair’s deep knowledge and industry experience complements that of the wider team, as we seek to ensure that our clients are served by those who have an authentic understanding of the collateral and FX markets and the challenges our client’s face.
“Over recent months, we have witnessed a considerable increase in demand for our Core-Collateral solution as market volatility and the rising interest rate environment has encouraged banks to focus more closely on maximising the efficiency of the use of their assets. With this in mind, more and more firms are looking to Baton to improve the speed, efficiency and cost base of their post-trade processing.”
Griffiths adds: “Baton’s technology is revolutionising the way post-trade processing is conducted. I am excited by the prospect of working for a company that is having a transformative impact on how the collateral, liquidity and FX post-trade space is now evolving.
“Given today’s environment with high volatility pushing up margin requirements, and with rates moving dynamically intraday, the need for market participants to be able to quickly and accurately react to these changes is more important than ever. Relying on yesterday’s end of day data to make decisions today is no longer a viable option.”
Based in London, Griffiths will focus on new business acquisitions across all Baton solutions in the region. He will report to Baton Systems’ global head of sales Alex Knight.
He brings vast experience of the industry to the role, having worked for a number of large firms including BNY Mellon, BlackRock and UBS. Griffiths will also harness his in-depth knowledge from a buy- and sell-side perspective within the securities finance and derivatives space.
Griffiths joins Baton Systems from FIS Global, where he was previously senior sales executive of post-trade solutions. At FIS, Griffiths led sales for the UK, Channel Islands and the Netherlands.
At BNY Mellon, where Griffiths held an eight-year term as vice president and relationship manager, he developed his expertise in collateral management, sourcing and growing the firm’s triparty collateral management activity across the global market.
The appointment comes as Baton Systems focuses on reducing settlement risk and increasing available liquidity and funding by extending its Core-FX solution across additional currencies and counterparties.
Commenting on the appointment, Knight says: “Alistair’s deep knowledge and industry experience complements that of the wider team, as we seek to ensure that our clients are served by those who have an authentic understanding of the collateral and FX markets and the challenges our client’s face.
“Over recent months, we have witnessed a considerable increase in demand for our Core-Collateral solution as market volatility and the rising interest rate environment has encouraged banks to focus more closely on maximising the efficiency of the use of their assets. With this in mind, more and more firms are looking to Baton to improve the speed, efficiency and cost base of their post-trade processing.”
Griffiths adds: “Baton’s technology is revolutionising the way post-trade processing is conducted. I am excited by the prospect of working for a company that is having a transformative impact on how the collateral, liquidity and FX post-trade space is now evolving.
“Given today’s environment with high volatility pushing up margin requirements, and with rates moving dynamically intraday, the need for market participants to be able to quickly and accurately react to these changes is more important than ever. Relying on yesterday’s end of day data to make decisions today is no longer a viable option.”
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