Director, DG FISMA, European Commission
Ugo Bassi is Director of Financial Markets, in the European Commission’s DG FISMA (Financial services). Among other high priority files, he manages Capital Markets Union (CMU), a key priority and catalyst for further financial integration in Europe.
In addition, he deals with specific financial markets legislation including MIFiD/R (EMIR); CCPs; MAD/R, (Asset Management including AIFMD, UCITS and EUVECA.
From 2012, Ugo Bassi worked as Director in charge of coordination of legal matters and economic analysis within DG FISMA. He also managed specific topics such as the Accounting Directive and related issues, Company Reporting, Audit and Credit rating agencies. Moreover, he has worked to eliminate barriers to capital flows as well as enforcement of all financial services legislation.
Between 2006 and 2012, he has held various management positions and was involved in negotiations on some key files in response to the financial crisis, prior to which he worked in public procurement, including the successful adoption of the Defence Procurement Directive.
A lawyer by profession, Ugo Bassi worked as “referendaire” in the Court of Justice before joining the European Commission and he has worked in private sector law firms before taking up service within the European Institutions.
Executive Chairman, Z/Yen Group
Alderman Professor, Michael Mainelli, FCCA FCSI FBCS is a qualified accountant, securities professional, computer specialist, and management consultant. Michael was educated at Harvard University and Trinity College Dublin, and gained his PhD at the London School of Economics where he was also a Visiting Professor.
He began his career as a research scientist in aerospace and cartography. His biggest technical claim to fame might be the first commercial digital map of the world. He entered the City of London in 1984 ahead of Big Bang, becoming an accountancyfirm partner and later, a director of Ministry of Defence research.
During a spell in merchant banking, he co-founded Z/Yen in 1994, the City of London’s leading think-tank, to promote societal advance through better finance and technology. He has led Z/Yen from creating mutual distributed ledgers (aka blockchains) in 1995 through Taskforce 2000, Long Finance, the Global Financial Centres Index, and the Global Intellectual Property Index.
Over the years his clients have included all major investment banks, as well as many exchanges, insurers, fund managers, regulators, and financial information providers.
He is Alderman of the City of London for Broad Street, Emeritus Professor and Trustee at Gresham College, Fellow of Goodenough College, non-executive director of two listed firms and a regulator, trustee of several charities, and Senior Warden of the Worshipful Company of World Traders.
Michael has written numerous academic papers and his third book, “The Price of Fish: A New Approach to Wicked Economics and Better Decisions”, won the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize.
Additionally, Michael advises the Irish government, Dubai and Milan on distributed ledgers. Z/Yen has clients with live applications on distributed ledgers such as the government of Alderney, several insurers, and several health care companies, as well as a number of projects ranging from payments to identity systems.
Secretary General, ECSDA
Soraya Belghazi is the Secretary General of the European Central Securities Depositories Association (ECSDA), which represents 41 CSDs across Europe.
Having launched the first permanent secretariat of the association in September 2010, her main role is to facilitate contacts between European CSDs and other stakeholders, including public authorities in order to achieve an optimal economic and regulatory framework for clearing and settlement.
Prior to joining ECSDA, Soraya worked at the European Central Bank in Frankfurt and at the European Association of Cooperative Banks in Brussels. Earlier in her career, she also worked for Euroclear Bank and Reuters Ltd
Independent Expert, EPTF
Paul Bodart is currently an independent Board member of Belfius Bank and of the National Settlement Depository (N.S.D), the Russian CSD. He is also teaching at the Solvay Business School of the Brussels University.
From late 2012 to 2016 Paul had been a non-central bank member of the T2S Board following his retirement from The Bank of New York Mellon and has also served as an independent Board member of Dexia SA/NV.
Paul joined The Bank of New York in 1996 as a Senior Vice President, becoming the General Manager of the Brussels Branch of the Bank. He was responsible for all Global Custody operations and was promoted to Executive Vice President in 2003. In March 2009, Paul’s responsibilities were extended to Head of EMEA Operations in the Asset Servicing sector with The Bank of New York Mellon.
As such, Paul was a member of the European Executive team. Paul was also the CEO and executive director of BNY Mellon SA/ NV, which is a fully-owned banking subsidiary of BNY Mellon responsible for securities services. Paul’s responsibilities included an active participation in European public affairs.
Prior to joining The Bank of New York, he was a Vice President at Morgan Guaranty Trust Company. Paul joined Morgan in 1987 at the Euroclear Operations Centre in Brussels, where he held a variety of positions. He then moved to New York where he was responsible for the US Custody and Corporate Trust Operations of Morgan. He returned to Brussels in early 1995 as the Global Technology and Operations Manager and served as a member of the Brussels Management Committee. Prior to joining Morgan, Paul spent 10 years at Banque Européenne pour l’Amérique latine (BEAL), a subsidiary of Generale Bank and ABN/AMRO Bank, most of the time living in South America. He held a variety of positions within the bank.
Paul holds a Master degree in Engineering from the University of Louvain, Belgium in 1976 and a Master in Business Administration (MBA) from INSEAD, Fontainebleau, France.
Managing Director, Post-Trade, AFME
Stephen Burton, Managing Director in the Post-Trade Division at AFME, has primary responsibility for clearing, settlement and trade confirmation related issues. He acts as an observer on the ECB’s AMI SeCo, is a member of the T2S Harmonisation Steering Group and supports the relevant AFME groups. Stephen assists AFME’s CSDR Task Force and the Due Diligence Questionnaire Task Force. He is the principal contact at AFME for Legal Entity Identifier (LEI) related matters.
Previously, Stephen was responsible for implementation of equity business strategy in the Post-Trade arena at Deutsche Bank. Prior to that, he spent 10 years at Citi, working with operational groups to deliver pan-European market initiatives and represented the company at various market infrastructure and industry user groups.
Global Solutions Sponsor - Clearing and Custody Services, BNP Paribas Securities Services
Alan Cameron is responsible for initiating and developing clearing and custody solutions for clients of BNP Paribas Securities Services. He has over 30 years’ experience of securities services in sales, product and relationship management. Alan holds an MA in Economic History from the University of Edinburgh and is a Chartered Banker. He is a member of AFME's post-trade board.
Business Intelligence, Nex-Traiana
Basu Choudhury is in the Business Intelligence group for Nex-Traiana service with a focus on continuing to extend the FX service capabilities for both the Buy and Sell sides. Basu brings a wealth of experience as the former Head of Product for LCH.Clearnet Ltd’s ForexClear service, where he led the design of the service for FX NDF clearing and was at the forefront of the definition of a model for CCPs to interact with CLS to enable the clearing of other FX products.
Before joining LCH.Clearnet, Basu was at Standard Bank, where he was a business/technical architect focused on business and process reengineering for the local markets’ desks across its global emerging markets footprint. Prior to his time at Standard Bank, he spent over 15 years building, designing and supporting banking and hedge fund business initiatives across Rates, FX, Equity Derivative and Credit products. Basu received his Masters in Economics, specializing in econometrics and options theory, from the University of Toronto in 1997.
Managing Director and Senior Advisor, BNY Mellon
James Cunningham is a Senior Advisor within BNY Mellon’s Office of Public Policy and Regulatory Affairs in Europe. He specializes in regulatory initiatives relating to market infrastructure, posttrade and collateral management. In recent years, he has covered such topics as CSD Regulation, EMIR, and T2S-related market practice harmonisation work. He is a member of several industry and regulatory-contact working groups, including the European Central Bank’s Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) and the T2S Harmonisation Steering Group. He is also currently chair of the T2S Corporate Actions Sub-group (CASG). He has worked in financial services since 1991 in a variety of different positions.
Director - Legal Regulatory Policy, Barclays
Alison Debattista is a Director in the Legal Regulatory Policy team at Barclays, with responsibility primarily for European market infrastructure regulation. In this context, Alison is involved across the spectrum of MiFID II, as well as the plethora of other marketsrelated regulation currently on the horizon. Prior to her move to Legal Regulatory Policy, Alison spent time working in the Prime Services Legal team of Barclays, and at Freshfields Bruckhaus Deringer as a financial services regulatory specialist.
Head Blockchain Lab CIB / CDO BP2S, BNP Paribas Securities Services
Philippe Denis leads blockchain initiatives for CIB and the Chief Digital Officer at BNP Paribas Securities Services. He manages the bank’s digital strategy and information intelligence technologies to redefine the client experience and define new business models with clients and partners. Prior to joining BNP Paribas, Philippe began his career at Crédit Agricole where we held several management roles in IT and business. In 1985, he joined BNP Paribas holding a number of senior roles including Deputy Head of Investment Reporting and Performance (IRP) where he expanded the team from 9 to over 300 employees. In 2015 he created the Blockchain Lab for CIB.
Managing Director; EMEA Head of Markets and Infrastructures Management, J.P. Morgan
Diana Dijmarescu is responsible for J.P.Morgan’s EMEA Markets and Infrastructures Management team, overseeing agent banks and FMIs relationships and monitoring industry issues for securities and payments services. Diana represents J.P.Morgan on the AMI-SECO group of the Eurosystem, on the Post-Trade Board of the Association for Financial Markets in Europe and on the Association of Global Custodians. Diana has over 20 years’ experience with J.P.Morgan in London and Brussels.
Head of Market Advocacy, Global Transaction Banking, Deutsche Bank
Angus Fletcher has been Deutsche Bank’s Global Head of Market Advocacy within Global Transaction Banking since 2012. His previous role was Head of Collateral Management and Valuations Change Initiatives, which he took up on joining the bank two years earlier.
Earlier in his career, Angus worked at SWIFT as Head of Post Trade Securities Strategy for two years, focusing on market infrastructures, post trade matching and collateral management initiatives. He also worked for five years in Operations at Morgan Stanley; and at Citigroup for seven years in the Operations and Treasury functions, including Network Management.
Managing Director, Post-Trade, AFME
Dr. Werner Frey is the Managing Director of the Post-Trade Division of AFME. From 2002 to 2008, Werner was the CEO of the European Securities Forum, ESF. Prior to joining ESF in 2002, he advised financial institutions, particularly securities infrastructure organisations in Europe. He has occupied senior position in banking; until 1997, he was a member of the Executive Board of Bank Leu, and since 1990, he has been part of the Credit Suisse Group.
Werner holds a PhD degree in History, Constitutional Law and Political Sciences from the University of Zurich, Switzerland.
Chief Regulatory Officer, Managing Director of Group Regulatory Strategy, Deutsche Börse
Dr. Alexandra Hachmeister is Chief Regulatory Officer, Managing Director of Group Regulatory Strategy, and a member of the Group Management Committee of Deutsche Börse AG. Alexandra joined the company in 1999. Since then she served in various positions and departments including Market Design Functionality, Systems Business Development and Boards & Committees, including managing the Group´s Corporate office prior to becoming Head of Regulatory Strategy. In her role as Chief Regulatory Officer she is responsible for the development, implementation and communication of the Group’s global regulatory strategy and positioning. Alexandra is a member of the Affiliate Members Consultative Committee, International Organisation of Securities Commissions (IOSCO), a member of the Group of Economic Advisors to the European Securities and Markets Authority (ESMA) and also of the working group ‘Role of Financial Services in Society’ World Economic Forum (WEF). Alexandra studied business administration/management in Germany, France and the US, and holds a PhD in market microstructure from European Business School.
Head of Regulatory Affairs, TP ICAP
Simon Helm is Head of Regulatory Affairs at TP ICAP. A qualified lawyer, Simon was previously Managing Director in the Legal Department at J.P. Morgan with responsibilities for regulatory reform and securities services. Before joining industry, he worked in private practice at Allen & Overy and CMS Cameron McKenna.
Educated in Canada and Sweden, Simon holds B.A., J.D. and LL.M. degrees, and has professional qualifications in England and Wales and several Canadian provinces. He is the past-Chair of the Post-Trade Division Legal Committee.
Senior Product Manager, Market Data, HSBC Securities Services
Chris Johnson is a Senior Product Manager with responsibility for Market Data at HSBC Securities Services. Prior to joining HSBC Securities Services in 2006 he worked at Threadneedle Investments where he was Head of Investment Information Services.
Before then he was a Director at UBS. Chris started work in the city with Laurie, Milbank stockbrokers, in their futures and options operations team, continuing with Chase Manhattan for a further ten years, culminating in three years as head of the equity derivatives middle office. He also headed OTC derivative client valuations at Bankers Trust.
Chris is a member of the Chartered Institute for Securities & Investment.
Manager, Post Trade and Prime Services, AFME
Thanos Kagiaras is a Manager of the Post Trade and Prime Services division at AFME. He focuses primarily on developments in regulation, policy as well as European local market specific issues. He is the principal contact for CSDR and the MiFID Post Trade working group and he has lead AFME’s work in the development of Principles of Asset Segregation, Due Diligence and Collateral Management.
Thanos has more than 9 years of experience in Post Trade. Prior to AFME, he worked for Capco where worked on several clearing and settlement related projects. Before Capco, Thanos worked at BNY Mellon in Brussels in the Triparty Collateral Management Services department.
Attorney at Law, Munich Re
Dr. Markus Kaum is a German Rechtsanwalt (attorney at law). He is Head of Department at Munich Re and responsible for Corporate Governance, Corporate Law, Capital Markets and Finance Law, Retail Investor Relations, Share Register and Data Protection. Before joining Munich Re in 2006, he worked for leading industrial DAX 30 companies and a first tier German law firm. Markus Kaum is an expert on corporate governance matters and has been very active in the promotion of shareholders rights and delivering better governance based on mutual knowledge of issuers and investors. He is a leading European expert in these areas and represents issuers on several national and European groups and bodies, among those as chairman of the General Meeting Joint Working Group, as member of the Policy Committee of European Issuers and the European Post Trade Group.Markus studied at Regensburg, Munich and Cambridge.
Joël Mérère has been an independent member of the Eurosystem Market Infrastructure Board (T2S) since February 2015. He also chairs the T2S Harmonisation Steering Group. In this capacity, he sits at the European Post-Trade Forum, representing the interests of the T2S Community. Before he retired from Euroclear he has been a member of the Management Committee of Euroclear SA/ NV with responsibility for International Policy Affairs. He also chaired the Board of Directors of Euroclear Belgium, Euroclear France and Euroclear Nederland.
Until March 2006, he was Chief Executive Officer of Euroclear France. From 1998, he was Chief Executive Officer of Sicovam S.A., which became Euroclear France in January 2001. From 2004 to 2013 Joël Mérère has been the Chairman of the European Central Securities Depositories Association (ECSDA). Prior to joining Sicovam S.A. in 1995, Mr Mérère worked at the Banque de France (the French central bank) for 20 years, where he held a variety of positions. From 1993 to 1995, he was head of the Securities division and served as the Banque de France’s representative on the Board of Directors of Sicovam S.A.
Managing Director, Global Head of Network Management, Bank of America Merrill Lynch and Chair, AFME Post-Trade Board
Martyn Nott is Managing Director – Global Network Management at Bank of America Merrill Lynch. Martyn is accountable for the management, oversight and monitoring of contractual relationships with our large portfolio of cash and securities third party partner banks and financial market utilities (FMUs). His team have recently assumed responsibility from GBAM COO for the planning/sourcing/contracting functions within such third party management, creating consistency with industry peers.
Martyn joined BofAML in May 2016, from Morgan Stanley, with more than 28 years of experience in operations leadership across equities, fixed income, financing, derivatives, cash management and infrastructure. His previous role was Executive Director – Global Head - Equity Operations, responsible for equity client-side middle office process, commission management and marketside trade support functions globally.
He has a proven track record of managing high performing global teams through constant change. He has demonstrated strategic and tactical leadership with front to back operational experience across regional and country levels; and has previously been based in Hong Kong and Australia. Martyn has strong industry board membership and has had heavy regulatory influence across MIFID, CSDR and EMIR. He is currently a member of the AFME Post Trade Board and the EuroCCP Advisory Board.
Managing Director, Chief Technology Architect, DTCC
Robert Palatnick is Managing Director and Chief Technology Architect at DTCC, with global responsibility for IT strategy, architecture, standards and engineering design of the platforms, systems and applications underlying DTCC’s broad range of products and services.
Robert has also been leading DTCC’s technology innovation programs, including cloud, big data analytics and distributed ledger technologies. He is a member of the Governing Board of the Linux Foundation’s Hyperledger Project, a collaborative effort to establish, build and sustain an open, distributed ledger platform across multiple industries.
Robert previously served as a Domain Lead in the Application Development division of IT and was Chief Administrative Officer of Information Technology from 2003 to 2007. Robert joined Government Securities Clearing Corporation (GSCC), a DTCC subsidiary, in 1993 as Vice President, Information Technology. He became Managing Director and Chief Information Officer of DTCC subsidiaries GSCC (1996), Mortgage-Backed Securities Clearing Corporation (2000) and Fixed Income Clearing Corporation (2003). Prior to that, Robert was Vice President, Development and Systems, at Security Pacific Corporation Sequor Software Services. Robert received his BS in Electrical Engineering from the University of Buffalo, and is an alumnus of the David Rockefeller fellowship.
Acting Head of Markets Department and Head of the Post-Trading Unit, ESMA
Fabrizio Planta is currently acting as Head of Markets Department at ESMA and head of the Post-Trading Unit. He is responsible for the development of technical standards under EMIR and CSDR and on several CCP related manners, such as CCP colleges, stress tests, peer reviews, validation of risk models and recognition of third country CCPs.
Before joining ESMA, Fabrizio worked at the EU Commission on the EMIR proposal and before at CONSOB and at IW Bank S.p.A. He holds an MSc in Economics from Warwick University and a degree in Economics.
Head of Europe, FIA
Simon Puleston Jones is Head of Europe for FIA, the global industry association for cleared derivatives.
Simon is also the Chairman of the Joint Trade Association Group, a round table of 22 financial services trade associations that primarily focusses on MiFID II and Brexit.
Simon is a regular conference speaker on diverse topics, including Brexit, regulatory change and Fintech.
Deputy CEO, Head of Risk Operations and Business Development, SIX c-clear AG
Roger T. Storm is the Deputy CEO, and Head of Risk Operations and Business Development at SIX c-clear AG, one of Europe´s foremost clearing service providers. He has held a range of senior positions in international banking and financial market infrastructures in a career spanning over 27 years.
Before joining the SIX Group, he was Executive Director and Head of European Bank Relationship Management at EBA CLEARING, EU’s leading payments and clearing service provider. Prior to this he was the company’s Chief Risk Officer, and in this capacity established a new enterprise wide risk management framework at this systemically important financial infrastructure, overseen by the ECB and a college of six central banks. Before this he worked for the Nordic bank SEB (Skandinaviska Enskilda Banken).
He holds an MBA from the Stockholm School of Economics, is a Certified Financial Analyst (CFA), has a degree in law and a Bachelors degree in Business Administration and Economics, with advanced studies in Managerial Economics from the University of Stockholm. Having worked for several years in countries such as Germany, France, UK, Japan and Scandinavia, Roger Storm is multilingual and fluent in English, Swedish, French and German.
EMEA Market Policy and Strategy Director, Citi
Marcello Topa is responsible for Market Policy and Strategy within Citi’s EMEA Securities Services team. He is a member of AFME’s Post-Trade Executive Committee and Chairman of EBF’s Post-Trade Working Group. Marcello’s expertise at Citi spans over 20 years in multiple roles within Direct Custody and Clearing. He is member of the ECB’s Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo), member of the T2S Harmonisation Steering Group (HSG) and Chairman of the T2S DCP Group (DCPG). He is also EBF’s representative in the European Commission’s European Post-Trade Forum (EPTF).
Managing Director, Global Head FS Blockchain Practice, Accenture
David Treat is a Managing Director and the Global Head of Accenture’s Financial Services Blockchain Practice.
David also manages Accenture’s relationship with several large Financial Services clients. He has 20 years of experience in Financial Services split between consulting and industry roles— spanning Capital Markets, Retail Banking and Cards. He has expertise in running strategy functions, innovation, strategic cost management, large-scale restructuring, customer relationship management, M&A and outsourcing & offshoring.
Over the past several years, David has driven the formation of Accenture’s blockchain practice. He manages several of Accenture’s strategic alliances in the blockchain domain and sits on the boards of the Linux Hyperledger Project and the Enterprise Ethereum Alliance.
Manager, Sector and Infrastructure, Nordea Bank
Anders Tvilde is a Manager in the Sector and Infrastructure group in Nordea Bank. Having spent more than 20 years in the post trade industry, Anders has held various positions in settlement and product within Nordea.
Anders represents Nordea on several AFME Post-Trade groups and local Nordic industry groups. Focus have been on the Custody and cash equity clearing business and consultation task and impact of EU regulations in the Nordics.
Anders is located in Norway, a country outside EU and represents the largest bank in the Nordics.
Head of Europe, Digital Asset
Gavin Wells is the Head of Europe at Digital Asset, a New York headquartered financial technology company that builds distributed, encrypted straight through processing tools for wholesale financial service providers using distributed ledger technology.
Prior to Digital Asset, Gavin spent eight years at LCH.Clearnet, working with participants from across the market to deliver the first clearing service for Foreign Exchange, known as ForexClear. In that role, he was also part of the Executive Committee of the clearing house.
Before that, Gavin worked at Citi for fifteen years in a variety of roles spanning FX trading, e-commerce, algorithmic trading, prime brokerage and management.
Gavin’s career started in the British Army where he served for eight years as an officer in the Royal Artillery seeing active service in Cyprus, Iraq and Northern Island. Gavin is Chair of the Board of Trustees of the charity Action Breaks Silence, and a founding member of the Women’s Equality Party.
Managing Director, UK CIO, Société Générale
Anthony Woolley heads the UK technology teams at Société Générale with a primary focus on the electronic trading of Fixed Income, Currencies and Commodities products. For the last two years, he has led the global CIB engagement programme for the emergent FinTech sector. He sits on the steering committee of the R3 distributed ledger consortia and manages research into Distributed Ledger Technologies. Before joining Société Générale, Anthony was the global head of FX pricing and e-commerce technology at Citigroup and then HSBC. He graduated from Warwick University with a degree in Computer Systems Engineering.
Head of Regulatory Initiatives and Strategy, Open Symbology Group, OpenFIGI
Richard B. Young joined Bloomberg in September 2015 in an industry and regulatory relations role in Global Data. This role includes industry and regulatory outreach on the data aspects of Bloomberg’s services for MiFID and other related regulatory initiatives, with a special emphasis on key identifiers such as FIGI and LEI.
Prior to joining Bloomberg, Richard spent 20 years with the financial messaging and standards body – SWIFT, where he held a variety of roles in sales and marketing. Most recently Richard was Head of Regulatory Affairs at SWIFT, where he contributed to the development of new services arising from regulatory change, including services for reporting to Trade Repositories and reference data/standards initiatives, such as the development of SWIFT’s services for the Legal Entity Identifier (LEI).
He also led initiatives with EU and other regulators to raise awareness of the operational impacts of regulation, including strengthening the regulatory recognition of financial messaging and reference data standards. This involved a particular focus on the promotion of the ISO 20022 financial messaging standard to EU regulatory bodies. At various times Richard represented SWIFT in a number of bodies focused on more efficient posttrade processing, including the EU Commission expert group (CESAME) for securities post trading in 2008/9, the EU Clearing and Settlement Code of Conduct monitoring group and the EGMI group on market infrastructure in 2010/11.
Prior to joining SWIFT Richard held product management roles with a leading global custodian for four years, and before that with the London Stock Exchange, where he oversaw the introduction of the institutional net settlement service.