Ex-Citi Transaction Services Managing Director and Global Technology Head of Securities & Fund Services has been appointed several senior roles at BBH which operates in seventeen global locations, and in markets such as FX.
Entrusted with nearly $4 trillion in client assets, and founded in 1818, New York-based Brown Brothers Harriman & C0. (BBH), has announced a key management appointment naming Michael McGovern as Managing Director, Chief Information Officer, and Head of Systems, according to an official corporate press release from BBH today.
Mr. McGovern is based in New York and reports to BBH Partner and Global Head of Technology, Taylor Bodman, as noted in the announcement. The firm has offices in 17 locations across the globe.
Commenting regarding his new executive move, Michael McGovern said in the press release, “As a technologist, I’m excited and proud to be part of this organization. BBH’s systems are world-class. Equally impressive is the inherent configurability of the firm’s technology platform. Through the flexibility to export our technology to help large enterprises scale their businesses, BBH is supporting an underserved growth segment of the market. Meanwhile, BBH continues to invest heavily in the ongoing evolution of technology required across its key business lines. That’s very exciting for the industry and our clients.”
Wearing Several Hats at Once, in Complementary Roles
The several senior roles that Mr. McGovern will be responsible for - will have an effect on all of the firm's business lines including its leadership, management and the firm's technology development and overall strategy regarding application and infrastructure development.
Mr. McGovern joins BBH from Citi Transaction Services where he spent the last decade serving as Managing Director and Global Technology Head of Securities & Fund Services, as per the press release. Also noted was that his 26-year career in information technology includes significant and industry-relevant posts at Chase Manhattan Bank and Chemical Bank, which all together could have been the appeal for his candidacy.
Taylor Bodman, Global Head of Technology at BBH, added in the corporate announcement, “For many years, clients have selected BBH’s financial services because of the depth and specialization of the technology behind them.”
Mr. Bodman concluded,“Since the establishment of our Infomediary business a dozen years ago, BBH has offered technology services independently of financial services. With over 150 leading asset gatherers now serving their clients using BBH technology as their own, we have two synergistic businesses. Mike has joined BBH to lead these mission critical activities as we expand the geographic and functional scope of our technology. He has many attributes that will make him a great fit for our organization. Among these are his client-orientation, domain expertise, teamwork approach, and track record of delivery.”
Infomediary Messaging Example [Source: BBH.com]
Foreign Exchange a Significant Business For BBH
The nearly 200 year-old firm, in addition to its custodial services, lists itself as a specialist provider of foreign exchange solutions designed specifically for global investment managers, and delivers executions in spots and forwards for freely traded currencies, along with a specialty in emerging and restricted markets, as described on its website.
The firm lists 41 Partners at the helm of the company, according to its latest disclosure document. This document, found on its website explained that BBH's primary regulator is the New York State Department of Financial Services (NYSDFS), and since it's also a bank (established under NY law) it is exempt from registration with the Securities and Exchange Commission (SEC) as an investment advisor (IA) but maintains a separate business that is registered with the SEC, and its securities business is subject to reviews by FINRA.
In addition, trust services offered through an affiliated Delaware incorporated entity under the BBH brand for the Trusts and which are member banks of the federal reserve and subject to regulatory oversight by the office of the currency comptroller (OCC).
Under a company disclosure, it lists the firm as an investment manager and wealth adviser to private clients — typically with at least $10 million of investable assets — and institutions with significantly greater assets, including:
Public Funds and Pensions
Central banks and Financial Institutions
Insurance Companies
Endowments and Foundations
Foreign Officials and Government Institutions
Private Investment Funds
Corporations
Settlement Trusts
Other Advisory Client such as Taft Hartley Plans
Advisory fees were described as being charged as a percentage of assets, and no less than a minimum of $50,000-$100,000 per annum per strategy, but in certain cases negotiable with the possibility of certain advisory fees waived. The above is just meant as an example and not exhaustive of the firm's diverse business lines and segments, a full copy of the disclosure can be found on BBH.com
In the end, relationship banking/brokering appears to be the allure of its offering combined with the firms heritage, size and overall specialized approach.
Entrusted with nearly $4 trillion in client assets, and founded in 1818, New York-based Brown Brothers Harriman & C0. (BBH), has announced a key management appointment naming Michael McGovern as Managing Director, Chief Information Officer, and Head of Systems, according to an official corporate press release from BBH today.
Mr. McGovern is based in New York and reports to BBH Partner and Global Head of Technology, Taylor Bodman, as noted in the announcement. The firm has offices in 17 locations across the globe.
Commenting regarding his new executive move, Michael McGovern said in the press release, “As a technologist, I’m excited and proud to be part of this organization. BBH’s systems are world-class. Equally impressive is the inherent configurability of the firm’s technology platform. Through the flexibility to export our technology to help large enterprises scale their businesses, BBH is supporting an underserved growth segment of the market. Meanwhile, BBH continues to invest heavily in the ongoing evolution of technology required across its key business lines. That’s very exciting for the industry and our clients.”
Wearing Several Hats at Once, in Complementary Roles
The several senior roles that Mr. McGovern will be responsible for - will have an effect on all of the firm's business lines including its leadership, management and the firm's technology development and overall strategy regarding application and infrastructure development.
Mr. McGovern joins BBH from Citi Transaction Services where he spent the last decade serving as Managing Director and Global Technology Head of Securities & Fund Services, as per the press release. Also noted was that his 26-year career in information technology includes significant and industry-relevant posts at Chase Manhattan Bank and Chemical Bank, which all together could have been the appeal for his candidacy.
Taylor Bodman, Global Head of Technology at BBH, added in the corporate announcement, “For many years, clients have selected BBH’s financial services because of the depth and specialization of the technology behind them.”
Mr. Bodman concluded,“Since the establishment of our Infomediary business a dozen years ago, BBH has offered technology services independently of financial services. With over 150 leading asset gatherers now serving their clients using BBH technology as their own, we have two synergistic businesses. Mike has joined BBH to lead these mission critical activities as we expand the geographic and functional scope of our technology. He has many attributes that will make him a great fit for our organization. Among these are his client-orientation, domain expertise, teamwork approach, and track record of delivery.”
Infomediary Messaging Example [Source: BBH.com]
Foreign Exchange a Significant Business For BBH
The nearly 200 year-old firm, in addition to its custodial services, lists itself as a specialist provider of foreign exchange solutions designed specifically for global investment managers, and delivers executions in spots and forwards for freely traded currencies, along with a specialty in emerging and restricted markets, as described on its website.
The firm lists 41 Partners at the helm of the company, according to its latest disclosure document. This document, found on its website explained that BBH's primary regulator is the New York State Department of Financial Services (NYSDFS), and since it's also a bank (established under NY law) it is exempt from registration with the Securities and Exchange Commission (SEC) as an investment advisor (IA) but maintains a separate business that is registered with the SEC, and its securities business is subject to reviews by FINRA.
In addition, trust services offered through an affiliated Delaware incorporated entity under the BBH brand for the Trusts and which are member banks of the federal reserve and subject to regulatory oversight by the office of the currency comptroller (OCC).
Under a company disclosure, it lists the firm as an investment manager and wealth adviser to private clients — typically with at least $10 million of investable assets — and institutions with significantly greater assets, including:
Public Funds and Pensions
Central banks and Financial Institutions
Insurance Companies
Endowments and Foundations
Foreign Officials and Government Institutions
Private Investment Funds
Corporations
Settlement Trusts
Other Advisory Client such as Taft Hartley Plans
Advisory fees were described as being charged as a percentage of assets, and no less than a minimum of $50,000-$100,000 per annum per strategy, but in certain cases negotiable with the possibility of certain advisory fees waived. The above is just meant as an example and not exhaustive of the firm's diverse business lines and segments, a full copy of the disclosure can be found on BBH.com
In the end, relationship banking/brokering appears to be the allure of its offering combined with the firms heritage, size and overall specialized approach.
Bank of London Product Head: “Clients Don’t Want to Wait for Cutoff Times” On-Chain
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Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown