SWIFT Strengthens Securities Business with Two Senior Appointments
SWIFT, a financial messaging provider, has named Fabian Vandenreydt as head of securities and treasury markets. He will report to Gottfried Leibbrandt, head of marketing. In his new role, Vandenreydt will work closely with Chris Church, global head of securities at SWIFT, to support the overall growth of the securities business at the co-operative.
In this capacity, he will focus on the development and delivery of value-added solutions to investment managers, brokers, central securities depositories (CSDs) and asset servicers. Vandenreydt will also look at expanding SWIFT’s scope in trade matching, in the areas of foreign exchange (FX), equities, fixed income and commodities. In addition, he will lead initiatives targeted at the reference data space.
Vandenreydt brings 20 years’ experience in securities and financial technology to his new role at SWIFT, where he was previously head of product management. He joined SWIFT in 2004 from the consultancy Capco, where he was involved in large front-to-back automation programmes in the various securities areas. His professional experience also includes work at Euroclear, where he led product management for communications services.
Separately, SWIFT recently named Brett Lancaster as managing director, securities initiatives, Americas. Lancaster joins from The Depository Trust & Clearing Corporation (DTCC) where he was vice president of the Global Corporate Actions business unit.
In his new role at SWIFT, Lancaster has responsibility for driving securities initiatives in the Americas, such as corporate actions, collateral management and electronic trade confirmation messaging solutions. He is a member of the SWIFT Americas management team and will report to Church.
During his time at the DTCC, Lancaster founded and led the business operations of the DTCC Solutions subsidiary that provides global corporate actions and reference data to the financial services industry.