Shone resurfaces with ISLA to push digital agenda
17 June 2020 London
Image: David Shone
The International Securities Lending Association has brought on State Street’s former architect of its Securities Financing Transactions Regulation (SFTR) solution to support its new digital working group as a contract consultant.
David Shone, operating through his new consultancy firm DASHMAX, will work with ISLA to assist its aims of encouraging digitalisation in the securities finance market, which includes the Common Domain Model and other objectives outlined in its Agenda for Change.
Based in London, Shone has joined the association for a four-month contract with the door open to extending as needed.
Prior to forming his consultancy, Shone served for six years at State Street where he most recently led the development of its SFTR solution, before revealing plans step away from the project in April once it was complete.
He also brings experience from a four-year stint at UBS where he contributed to its derivatives business.
Meanwhile, ISLA's digital working group launched in April and is initially focused on forming its responses to consultations being run by the European Commission and the Bank of England on how to advance the digitisation of financial markets.
It also aims to use the raising of standards around data and technology inspired by SFTR as the jumping-off point for encouraging greater digitalisation of the securities finance market.
ISLA is currently calling on members to express their interest in contributing to the group.
David Shone, operating through his new consultancy firm DASHMAX, will work with ISLA to assist its aims of encouraging digitalisation in the securities finance market, which includes the Common Domain Model and other objectives outlined in its Agenda for Change.
Based in London, Shone has joined the association for a four-month contract with the door open to extending as needed.
Prior to forming his consultancy, Shone served for six years at State Street where he most recently led the development of its SFTR solution, before revealing plans step away from the project in April once it was complete.
He also brings experience from a four-year stint at UBS where he contributed to its derivatives business.
Meanwhile, ISLA's digital working group launched in April and is initially focused on forming its responses to consultations being run by the European Commission and the Bank of England on how to advance the digitisation of financial markets.
It also aims to use the raising of standards around data and technology inspired by SFTR as the jumping-off point for encouraging greater digitalisation of the securities finance market.
ISLA is currently calling on members to express their interest in contributing to the group.
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