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08 January 2024
UK
Reporter Sophie Downes

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ISDA appoints Jain as head of solutions adoption

The International Swaps and Derivatives Association (ISDA) has appointed Ankit Jain as head of solutions adoption.

Based in London, Jain will spearhead ISDA’s drive to encourage broad adoption of its suite of mutualised industry solutions.

Jain joins ISDA from software development and digital services company Softserve, where he was head of banking and trading domain solutions and transformation.

In his previous role, he was responsible for managing front office, trading, derivatives and technology transformation across banking and broader financial services clients.

Prior to this, he led the change and oversight of strategic transformation initiatives at Deutsche Bank between 2015 to 2022.

Commenting on the appointment, Scott O’Malia, chief executive of ISDA, says: “[Jain’s] appointment is part of a broader strategy to ensure our various products and services are fully aligned and we maximise the potential for broad adoption.”

Jain adds: “Since 1985, ISDA has worked to make the global derivatives markets safer and more efficient to facilitate effective risk management for all users of derivatives. I am excited to lead ISDA’s products and solutions implementation drive to broaden adoption across the industry”.

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