CLS Hires Keith Tippell as Head of Product
- He was Head of Securities and FX Markets at SWIFT earlier in his career
Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 utility firm CLS announced today that Keith Tippell has been appointed as the firm’s new Head of Product.
London-based, he will be responsible for overseeing CLS’s existing product suite and all new product development in the settlement and processing business lines.
Tippell brings over 20 years of experience in the financial technology sector to his new role, much of which has focused on FX and OTC derivatives trade processing and G20 regulatory change.
He joins CLS from Droit Financial Technologies, where he worked as Head of Business Development for Europe and Asia Pacific.
Previously, Tippell held numerous product management and business development roles, including with SWIFT and Markit.
At Markit, he was a Managing Director within the company's trade processing division, responsible for establishing MarkitSERV FX.
At SWIFT, Tippell served as a Managing Director, Head of Securities and FX Markets.
Extensive industry experience
“We are delighted to welcome Keith to CLS. He has extensive product management and business development experience and a proven track record of delivering complex industry solutions. In his role at CLS, he will empower our clients’ success by delivering products that address their changing requirements in the evolving FX market. His appointment supports our growth strategy as we continue to expand the CLS offering globally,” Alan Marquard, Chief Business Development Officer at CLS, says.
“Recent market developments further highlight the importance of the safe and efficient daily operation of the FX market. I look forward to partnering with the industry to evolve existing CLS services to further mitigate risk and to establish new services where core CLS competencies can be leveraged for the broader benefit of the market,” Tippell adds.
Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 utility firm CLS announced today that Keith Tippell has been appointed as the firm’s new Head of Product.
London-based, he will be responsible for overseeing CLS’s existing product suite and all new product development in the settlement and processing business lines.
Tippell brings over 20 years of experience in the financial technology sector to his new role, much of which has focused on FX and OTC derivatives trade processing and G20 regulatory change.
He joins CLS from Droit Financial Technologies, where he worked as Head of Business Development for Europe and Asia Pacific.
Previously, Tippell held numerous product management and business development roles, including with SWIFT and Markit.
At Markit, he was a Managing Director within the company's trade processing division, responsible for establishing MarkitSERV FX.
At SWIFT, Tippell served as a Managing Director, Head of Securities and FX Markets.
Extensive industry experience
“We are delighted to welcome Keith to CLS. He has extensive product management and business development experience and a proven track record of delivering complex industry solutions. In his role at CLS, he will empower our clients’ success by delivering products that address their changing requirements in the evolving FX market. His appointment supports our growth strategy as we continue to expand the CLS offering globally,” Alan Marquard, Chief Business Development Officer at CLS, says.
“Recent market developments further highlight the importance of the safe and efficient daily operation of the FX market. I look forward to partnering with the industry to evolve existing CLS services to further mitigate risk and to establish new services where core CLS competencies can be leveraged for the broader benefit of the market,” Tippell adds.