London, August 14, 2013 – Clarus Financial Technology today announced that Tod Skarecky has joined the firm to establish a presence in the United States.
Amir Khwaja, CEO of Clarus Financial Technology explains, “Our focus on OTC Derivatives regulatory change, means that the United States is a key market for us. The Dodd-Frank Act implementation is much further ahead than European or Asian implementations and we recognise the need to prioritise and accelerate our growth in the US. This starts with finding the best person to make that happen”.
“So today I am very pleased to announce that Tod Skarecky has joined us in the position of Senior Vice President Americas.”
“Tod has great depth of experience with Financial technology vendors in Europe, Asia and the Americas. He started his career at FNX in London, where he worked for 12 years and ran Operations. More recently Tod was with Calypso technology for 7 years, where his roles included Business Development and Solution Architect for OTC Derivative Solutions, in which he was instrumental in the design and growth of Clearing solutions for CCPs and FCMs”
Tod adds, “I am thrilled to join Clarus Financial Technology. Not only is the industry undergoing massive change, it is doing so at an often furious pace; the era of implementing a solution over the course of months and years is gone. The market needs innovative, high performance, cloud based technology to reach new objectives, and needs it now. I am a big believer in the Clarus core principal of ‘Week 1 Value’, so am excited to be joining at a time of such great innovation and growth”.