04 July 2016
New York
Reporter: Drew Nicol

Trading Apps brings on Malpass from Fidessa

Trading Apps has reshuffled its roster with the appointment Andrew Malpass as non-executive director.

Malpass has over 30 years of experience in the software industry and served as the CFO of Fidessa group (formerly Royalblue Group) from 1995 to February 2016.

He is also a fellow of the Chartered Institute of Management Accountants.

Malpass commented: “I am delighted to join Trading Apps as non-executive director. Trading Apps is at a similar position to when I first joined Fidessa and helped grow the company to be worth $1 billion listed on the FTSE. I hope to be able to bring my wealth of experience in financial software to the TA management."

Trading Apps has also seen its co-founder Jean-Paul Musicco shift from his role as managing director for North America to become non-executive director as well.

Matthew Harrison, CEO of Trading Apps, said: "I am delighted that Andy Malpass will be joining us as a non-executive of the board and that Jean-Paul Musicco has agreed to continue being involved in an advisory role.”

Prior to founding Trading Apps, Musicco worked for SAC Capital Advisors managing the financing for the various asset classes in numerous jurisdictions.

Musicco said: “My role as non-executive of the board is to assist the executive team in continuing the growth journey and vision that the original founders established over five years ago.”

“In particular, my role is to continue to bring my global experience with securities finance on both the sell and buy sides.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Foreign investment in US down
19 February 2018 | Washington DC | Reporter: Brian Bollen
Official figures, released 15 February, by the US Department of the Treasury show a drop in foreign investment in the US in December
Minium, IBM and Promontory release joint white paper
19 February 2018 | London | Reporter: Jenna Lomax
The patchwork of outdated systems most firms use today is not fit for purpose, according to a white paper jointly released by Minium, IBM and Promontory
Euroclear reports strong 2017 operating performance
19 February 2018 | Brussels | Reporter: Jenna Lomax
The value of securities held for Euroclear clients was up 3 percent year-on-year, reaching a record €28.6 trillion for 2017
Ricky Maloney rejoins Eurex
19 February 2018 | London | Reporter: Jenna Lomax
He previously worked at Eurex from 2013 to 2016 as head of OTC clearing sales and relationship management
BoE release consultation on a new rule for central counterparties
16 February 2018 | London | Reporter: Jenna Lomax
BoE states that this proposed rule of written notice would “support the UK Government’s approach to the implementation of the EU Network and Information Systems Directive”
ASX sees 5.8 percent increase in collateral management activity
16 February 2018 | Sydney | Reporter: Jenna Lomax
The increase in the use of derivatives and OTC was due to a rise in futures trading, OTC clearing and collateral management activity
Citi’s agency lending sales chief departs
16 February 2018 | New York | Reporter: Drew Nicol
Citi’s Americas head of sales for it’s agency securities lending, collateral management, and separate account cash management businesses, Jeff Bonaldi, has left to pursue a number of entrepreneurial ventures