Kaizen Reporting hires regulatory reporting specialist
03 July 2018 London
Image: Shutterstock
Kaizen Reporting, a regulation technology growth company, has hired Jonathan Lee as senior regulatory reporting specialist.
Lee will be responsible for building quality assurance and regulatory testing for Securities Financing Transactions Regulation (SFTR).
He will be tasked with working with the firm's clients to ensure it offers the same service for SFTR as it does for regulations such as the second Markets in Financial Instruments Directive and European Market Infrastructure Regulation.
SFTR is a new reporting obligation aimed to bring transparency to the securities financing industry and shadow banking sector.
Lee was previously Europe, the Middle East and Africa fixed income regulatory reporting lead (bonds).
He was also chair of The International Capital Market Association European Repo and Collateral Council SFTR taskforce at J.P. Morgan.
Dario Crispini, CEO of Kaizen, commented: “We are delighted to bring someone of Jonathan Lee’s calibre on board. We want to ensure that our clients are prepared well in advance for SFTR transaction reporting go-live. Jonathan will work with our clients on their SFTR preparedness and internally with our data scientists to develop testing and reconciliations so that our clients have the same confidence and assurance for SFTR as they currently enjoy with MiFID II, EMIR and other G20 regulations. I am pleased to welcome him to the team.”
Ian Rennie, managing director, added: “SFTR is the next big challenge in the reporting space and anything that is of primary concern to our clients is of course of equal concern to us. I’m excited to have enlisted Lee, whom I see as the best person for the job. He clearly has extensive and specialised knowledge of SFTR as well as wide-ranging influence and experience in the industry.”
Lee said: “Kaizen is growing rapidly and is working with a wide range of clients for whom SFTR is becoming increasingly important. I’m looking forward to joining such a knowledgeable team, and I am very much looking forward to working with our clients.”
Lee will be responsible for building quality assurance and regulatory testing for Securities Financing Transactions Regulation (SFTR).
He will be tasked with working with the firm's clients to ensure it offers the same service for SFTR as it does for regulations such as the second Markets in Financial Instruments Directive and European Market Infrastructure Regulation.
SFTR is a new reporting obligation aimed to bring transparency to the securities financing industry and shadow banking sector.
Lee was previously Europe, the Middle East and Africa fixed income regulatory reporting lead (bonds).
He was also chair of The International Capital Market Association European Repo and Collateral Council SFTR taskforce at J.P. Morgan.
Dario Crispini, CEO of Kaizen, commented: “We are delighted to bring someone of Jonathan Lee’s calibre on board. We want to ensure that our clients are prepared well in advance for SFTR transaction reporting go-live. Jonathan will work with our clients on their SFTR preparedness and internally with our data scientists to develop testing and reconciliations so that our clients have the same confidence and assurance for SFTR as they currently enjoy with MiFID II, EMIR and other G20 regulations. I am pleased to welcome him to the team.”
Ian Rennie, managing director, added: “SFTR is the next big challenge in the reporting space and anything that is of primary concern to our clients is of course of equal concern to us. I’m excited to have enlisted Lee, whom I see as the best person for the job. He clearly has extensive and specialised knowledge of SFTR as well as wide-ranging influence and experience in the industry.”
Lee said: “Kaizen is growing rapidly and is working with a wide range of clients for whom SFTR is becoming increasingly important. I’m looking forward to joining such a knowledgeable team, and I am very much looking forward to working with our clients.”
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
