EquiLend recruits for post-trade services 17 June 2014London Reporter: Mark Dugdale
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EquiLend has appointed Iain Mackay as product owner for post-trade services, effective immediately. He is based in London.
Mackay is responsible for setting the strategic vision for the firm’s post-trade services and will lead the execution of new post-trade products and features globally. Mackay reports to Dow Veeranarong, product strategy executive at EquiLend.
He joins EquiLend from the Royal Bank of Scotland, where most recently he was global head of network management in the firm’s securities finance group.
Previously, he has held management roles within the prime services groups at Deutsche Bank, Citigroup and Nomura International.
Mackay commented: “Post-trade managers are increasingly focusing on adapting to regulatory initiatives, complex trading strategies and more efficient cost management. With EquiLend’s market-leading and seamless products, we are uniquely positioned to help them meet those demands.”
“I am delighted to be joining EquiLend at such a pivotal point for the securities finance industry, when effective post-trade services are more vital than ever.”
Brian Lamb, CEO of EquiLend, added: “Mackay is highly attuned to the inner workings of the securities finance post-trade industry, given his experience managing several prime services operations teams and as a member of various industry committees.”
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