Sandy Broderick joins Clarus Advisory Board

sandy_broderickLondon, October 28, 2014. Clarus Financial Technology announces today that Sandy Broderick has been appointed to its Advisory Board.

“I am delighted that we have been able to secure Sandy’s wide-ranging experience as Clarus seeks to become the market leader in providing software technology for financial markets,” commented Amir Khwaja, Clarus Financial Technology CEO. “The new regulatory framework imposes challenging reporting requirements for which Clarus can provide technological and operational solutions,” he added. “Sandy brings expertise in technology, risk management and the trading and clearing of derivative products, so is ideally placed to help advise Clarus in this exciting period of expansion.”

An experienced capital markets professional; Sandy has 23 years of derivatives exposure and 13 years involvement in post-trade infrastructure. Most recently as CEO of DTCC Deriv/SERV, Sandy led the company through the roll out of its Global Trade Repository in Asia and Europe, focusing on increased transparency, regulatory reporting across jurisdictions, risk mitigation and operational efficiency.

Prior to that he was CEO of New York Portfolio Clearing, a joint venture between DTCC and NYSE providing cross margining of securities and derivatives. He has played a significant role in the Fixed Income and Derivatives markets for many years, participating in numerous industry initiatives in clearing and infrastructure, including as a former Chairman of OTC DerivNet.

“I am delighted to be joining Clarus at a time of significant change in the market,” said Broderick. “I am impressed with the products Clarus is developing to provide innovative solutions to complex market problems and look forward to working with them at this exciting point in the evolution of a new regulatory landscape.”


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