After a two-year stint at a small fintech, Alexis Fauth has decided to return to a major institution in the world of traditional finance. Deutsche Bank has hired the data science and foreign exchange (FX) specialist for the Head of Market Data Methodology position.
Former Citi Exec Joins Deutsche Bank
For six years, Fauth was associated with Citi, one of London's banking powerhouses. He initially served as a quantitative analyst and then worked for nearly three years as a director at the FX Data Science Desk.
Two years ago, he decided to leave the large corporate structure for financial fintech Tradefeedr, where he worked as Head of Data Science. Tradefeedr, with fewer than ten employees, specializes in providing FX trading analytics and data sharing services.
However, it appears that Fauth had missed traditional banking and decided to trade Tradefeedr for Deutsche Bank, where he has held the role of Head of Market Data Methodology since August, also in London.
Before this, he served as a Quantitative Analyst at a London-based subsidiary of S&P. In that role, he headed a team responsible for creating XVA models for Fixed Income, hybrid derivatives pricing, and counterparty credit risk models.
Other Exec Moves
Building on the Deutsche Bank hire, several other notable executive moves have recently shaken up the financial industry landscape.
DNA Payments, a prominent player in the payments sector, has strengthened its leadership team by appointing a new Chief Financial Officer, Preete Janda. Janda brings extensive experience from Trust Payments, where the executive previously served as Finance Director.
In another development, Zara FX has bolstered its business development efforts by recruiting Christiana Lazaridou from Scope Markets. The new Chief Business Development Officer is expected to leverage her industry expertise to drive Zara FX's expansion and market penetration strategies.
Liquidnet, a global institutional trading network, has made a bold move by creating a new multi-asset division and appointing Balraj Briah to lead it. The new division head, with a rich background from Citi and Nomura, brings a wealth of trading experience across various asset classes.
