ICAP Adds Stuart Connolly as Head of Client Product Development, PTRI

ICAP, a markets operator and provider of post trade risk mitigation and information services, has onboarded Stuart Connolly as Head of Client Product Development for its Post Trade Risk and Information (PTRI) division.

In a newly created role, Connolly will report to Jenny Knott, Chief Executive Officer for PTRI, and will be based in London.

With a strong track record of business delivery and growth, Connolly will work with each of ICAP PTRI’s businesses to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term data and develop client data services through the identification of real life client use cases.

Connolly will play a pivotal role in identifying the growth opportunities across PTRI.

He will provide insights and partner with the relevant data Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term teams in PTRI to build and launch a variety of complementary data services interoperable with PTRI’s businesses.

Connolly brings with him over 20 years’ experience working in the financial markets. He joins ICAP from Goldman Sachs, where he was most recently Head of EMEA Derivatives Clearing Services, responsible for the OTC Credit and Rates franchise.

Prior to this, he held a number of leadership roles in derivatives clearing and prime brokerage at Goldman Sachs and was responsible for all aspects of new business, existing business optimisation and operational processes.

Commenting on the latest appointment, Jenny Knott, CEO of PTRI, said: “Across the PTRI portfolio we have a tremendous amount of enriched data that could provide significant value to our clients. I am delighted to have Stuart join the team, and with his experience and deep understanding of the transaction lifecycle and post trade landscape, I strongly believe he will play a pivotal role in identifying the growth opportunities across PTRI.”